# PPP loan: NOLAND LUMBER COMPANY, INC.
> **$189K** approved 04/06/2020 · Paid in Full · Loan `6062627006`
## Borrower
- **Name:** NOLAND LUMBER COMPANY, INC.
- **Address:** 665 1ST AVE E PO BOX 346, GORDO, AL, 35466-2438
- **NAICS:** 321113
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $189K
- **Initial approval:** $189K
- **Forgiven:** $190K (101%)
- **Forgiveness date:** 02/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $151K
- **Utilities:** $38K
- **Jobs reported:** 27
## Lender
- **Originating:** The Bank of Vernon
- **Servicing:** The Bank of Vernon (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*