# PPP loan: PIKE LUMBER COMPANY, INC.
> **$2.54M** approved 04/06/2020 · Paid in Full · Loan `6311077009`
## Borrower
- **Name:** PIKE LUMBER COMPANY, INC.
- **Address:** 719 FRONT ST, AKRON, IN, 46910-9245
- **NAICS:** 321113
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.54M
- **Initial approval:** $2.54M
- **Forgiven:** $2.57M (101%)
- **Forgiveness date:** 05/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.03M
- **Utilities:** $211K
- **Health care:** $297K
- **Jobs reported:** 205
## Lender
- **Originating:** Lake City Bank
- **Servicing:** Lake City Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*