# PPP loan: PLETCHER SALES,  INC
> **$653K** approved 04/05/2020 · Paid in Full · Loan `5568947000`
## Borrower
- **Name:** PLETCHER SALES,  INC
- **Address:** 54835 Couty Road 19, BRISTOL, IN, 46507-9171
- **NAICS:** 423990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $653K
- **Initial approval:** $653K
- **Forgiven:** $657K (101%)
- **Forgiveness date:** 11/12/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $569K
- **Rent:** $66K
- **Utilities:** $18K
- **Jobs reported:** 102
## Lender
- **Originating:** Lake City Bank
- **Servicing:** Lake City Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*