# PPP loan: APPALACHIAN LUMBER COMPANY INC
> **$347K** approved 04/14/2020 · Paid in Full · Loan `6674517107`
## Borrower
- **Name:** APPALACHIAN LUMBER COMPANY INC
- **Address:** 5879 West US HWY 421, WILKESBORO, NC, 28697
- **NAICS:** 337212
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $347K
- **Initial approval:** $347K
- **Forgiven:** $349K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $347K
- **Jobs reported:** 54
## Lender
- **Originating:** First-Citizens Bank & Trust Company
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*