# PPP loan: SHEAROUSE LUMBER COMPANY INC
> **$204K** approved 04/06/2020 · Paid in Full · Loan `6335137008`
## Borrower
- **Name:** SHEAROUSE LUMBER COMPANY INC
- **Address:** US HIGHWAY 80 PO DRAWER C, POOLER, GA, 31322-2109
- **NAICS:** 321113
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $204K
- **Initial approval:** $204K
- **Forgiven:** $206K (101%)
- **Forgiveness date:** 05/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $163K
- **Mortgage interest:** $14K
- **Utilities:** $14K
- **Debt interest:** $14K
- **Jobs reported:** 31
## Lender
- **Originating:** Queensborough National Bank and Trust Company
- **Servicing:** Queensborough National Bank and Trust Company (GA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*