# PPP loan: THE PEPPERMILL INC.
> **$150K** approved 01/26/2021 · Paid in Full · Loan `6168028302`
## Borrower
- **Name:** THE PEPPERMILL INC.
- **Address:** 231 W Main St, Abingdon, VA, 24210-2715
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $150K
- **Initial approval:** $150K
- **Forgiven:** $151K (101%)
- **Forgiveness date:** 08/20/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $150K
- **Utilities:** $1
- **Jobs reported:** 12
## Lender
- **Originating:** Powell Valley National Bank
- **Servicing:** Powell Valley National Bank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*