# PPP loan: VERLYN ENTERPRISES
> **$168K** approved 04/05/2020 · Paid in Full · Loan `5519277004`
## Borrower
- **Name:** VERLYN ENTERPRISES
- **Address:** 380 richey lane, DOUGLAS, GA, 31535-5914
- **NAICS:** 332710
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $168K
- **Initial approval:** $168K
- **Forgiven:** $169K (101%)
- **Forgiveness date:** 01/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $160K
- **Utilities:** $8K
- **Jobs reported:** 16
## Lender
- **Originating:** First National Bank of Coffee County
- **Servicing:** First National Bank of Coffee County (GA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*