# PPP loan: SHELBY LUMBER COMPANY INC.
> **$446K** approved 04/14/2020 · Paid in Full · Loan `7399927100`
## Borrower
- **Name:** SHELBY LUMBER COMPANY INC.
- **Address:** PO BOX 100, SHELBY, NE, 68662-0100
- **NAICS:** 423310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $446K
- **Initial approval:** $446K
- **Forgiven:** $449K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $446K
- **Jobs reported:** 46
## Lender
- **Originating:** Cornerstone Bank
- **Servicing:** Cornerstone Bank (NE)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*