# PPP loan: PARALLEL33 LUMBER CORPORATION
> **$212K** approved 04/06/2020 · Paid in Full · Loan `6147567000`
## Borrower
- **Name:** PARALLEL33 LUMBER CORPORATION
- **Address:** 375 COOSA RD, BOAZ, AL, 35957-5309
- **NAICS:** 321113
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $212K
- **Initial approval:** $212K
- **Forgiven:** $214K (101%)
- **Forgiveness date:** 04/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $197K
- **Utilities:** $5K
- **Health care:** $10K
- **Jobs reported:** 24
## Lender
- **Originating:** Peoples Independent Bank
- **Servicing:** Peoples Independent Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*