# PPP loan: NEW RIVER HARDWOODS, INC
> **$1.05M** approved 04/28/2020 · Paid in Full · Loan `6888657207`
## Borrower
- **Name:** NEW RIVER HARDWOODS, INC
- **Address:** 263 WHITE OAK DR, BECKLEY, WV, 25801-8133
- **NAICS:** 321113
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.05M
- **Initial approval:** $1.05M
- **Forgiven:** $1.06M (101%)
- **Forgiveness date:** 11/12/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.00M
- **Mortgage interest:** $20K
- **Utilities:** $32K
- **Jobs reported:** 108
## Lender
- **Originating:** City National Bank of West Virginia
- **Servicing:** City National Bank of West Virginia (WV)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*