# PPP loan: PALLET SOURCE INC.
> **$376K** approved 05/15/2020 · Paid in Full · Loan `6974097408`
## Borrower
- **Name:** PALLET SOURCE INC.
- **Address:** 2370 Lawrence Ave, East Point, GA, 30344
- **NAICS:** 321920
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $376K
- **Initial approval:** $376K
- **Forgiven:** $377K (100%)
- **Forgiveness date:** 11/12/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $376K
- **Jobs reported:** 30
## Lender
- **Originating:** First-Citizens Bank & Trust Company
- **Servicing:** First-Citizens Bank & Trust Company (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*