# PPP loan: JORDAN TIMBER COMPANY INC
> **$384K** approved 04/14/2020 · Paid in Full · Loan `5955537104`
## Borrower
- **Name:** JORDAN TIMBER COMPANY INC
- **Address:** 7015 FAIRFORD RD, MC INTOSH, AL, 36553-7305
- **NAICS:** 113310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $384K
- **Initial approval:** $384K
- **Forgiven:** $390K (101%)
- **Forgiveness date:** 08/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $346K
- **Mortgage interest:** $19K
- **Utilities:** $19K
- **Jobs reported:** 32
## Lender
- **Originating:** The First Bank
- **Servicing:** The First Bank (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*