# PPP loan: STATE TREE SERVICE, INC.
> **$348K** approved 04/07/2020 · Paid in Full · Loan `6700607006`
## Borrower
- **Name:** STATE TREE SERVICE, INC.
- **Address:** 1455 N. Pike East, SUMTER, SC, 29153
- **NAICS:** 113310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $348K
- **Initial approval:** $348K
- **Forgiven:** $352K (101%)
- **Forgiveness date:** 05/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $261K
- **Utilities:** $87K
- **Jobs reported:** 32
## Lender
- **Originating:** The Bank of Clarendon
- **Servicing:** The Bank of Clarendon (SC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*