# PPP loan: CHARLES LEDBETTER LOGGING, INC
> **$325K** approved 04/14/2020 · Paid in Full · Loan `6253657105`
## Borrower
- **Name:** CHARLES LEDBETTER LOGGING, INC
- **Address:** 500 GOSHEN RD, ARKADELPHIA, AR, 71923-7916
- **NAICS:** 113310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $325K
- **Initial approval:** $325K
- **Forgiven:** $329K (101%)
- **Forgiveness date:** 06/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $244K
- **Rent:** $49K
- **Utilities:** $33K
- **Jobs reported:** 46
## Lender
- **Originating:** Southern Bancorp Bank
- **Servicing:** Southern Bancorp Bank (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*