# PPP loan: CLOVERDALE LUMBER COMPANY INC.
> **$213K** approved 04/27/2020 · Paid in Full · Loan `5991027210`
## Borrower
- **Name:** CLOVERDALE LUMBER COMPANY INC.
- **Address:** 5863 South Boston Hwy, SUTHERLIN, VA, 24594
- **NAICS:** 321113
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $213K
- **Initial approval:** $213K
- **Forgiven:** $215K (101%)
- **Forgiveness date:** 03/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $161K
- **Health care:** $52K
- **Jobs reported:** 28
## Lender
- **Originating:** Atlantic Union Bank
- **Servicing:** Atlantic Union Bank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*