# PPP loan: J.T. RUSSELL AND SONS, INCORPORATED
> **$1.67M** approved 04/07/2020 · Paid in Full · Loan `7053947000`
## Borrower
- **Name:** J.T. RUSSELL AND SONS, INCORPORATED
- **Address:** 221 Snuggs St, ALBEMARLE, NC, 28001-2617
- **NAICS:** 237310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.67M
- **Initial approval:** $1.67M
- **Forgiven:** $1.68M (101%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.67M
- **Jobs reported:** 134
## Lender
- **Originating:** The Park National Bank
- **Servicing:** The Park National Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*