# PPP loan: SILVER FOREST INC.
> **$554K** approved 03/20/2021 · Paid in Full · Loan `5644558610`
## Borrower
- **Name:** SILVER FOREST INC.
- **Address:** 40 Industrial Dr, Bellows Falls, VT, 05101-3122
- **NAICS:** 339910
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $554K
- **Initial approval:** $554K
- **Forgiven:** $558K (101%)
- **Forgiveness date:** 11/26/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $554K
- **Utilities:** $1
- **Jobs reported:** 55
## Lender
- **Originating:** Mascoma Bank
- **Servicing:** Mascoma Bank (NH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*