# PPP loan: PEPPER SOURCE, LTD
> **$2.61M** approved 04/07/2020 · Paid in Full · Loan `7032847006`
## Borrower
- **Name:** PEPPER SOURCE, LTD
- **Address:** 5800 ALMA HWY, VAN BUREN, AR, 72956-7202
- **NAICS:** 311941
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $2.61M
- **Initial approval:** $2.61M
- **Forgiven:** $2.64M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.60M
- **Utilities:** $9K
- **Jobs reported:** 174
## Lender
- **Originating:** Hancock Whitney Bank
- **Servicing:** Hancock Whitney Bank (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*