# PPP loan: COLE LUMBER COMPANY, INC.
> **$636K** approved 04/06/2020 · Paid in Full · Loan `6305277003`
## Borrower
- **Name:** COLE LUMBER COMPANY, INC.
- **Address:** 1035 DIVISION ST, PADUCAH, KY, 42003-2900
- **NAICS:** 423310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $636K
- **Initial approval:** $636K
- **Forgiven:** $640K (101%)
- **Forgiveness date:** 12/08/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $621K
- **Utilities:** $15K
- **Jobs reported:** 85
## Lender
- **Originating:** The Paducah Bank and Trust Company
- **Servicing:** The Paducah Bank and Trust Company (KY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*