# PPP loan: SACK LUMBER COMPANY
> **$373K** approved 04/07/2020 · Paid in Full · Loan `7402247001`
## Borrower
- **Name:** SACK LUMBER COMPANY
- **Address:** 125 E 11th Street, CRETE, NE, 68333-2225
- **NAICS:** 423310
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $373K
- **Initial approval:** $373K
- **Forgiven:** $376K (101%)
- **Forgiveness date:** 01/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $373K
- **Jobs reported:** 54
## Lender
- **Originating:** City Bank & Trust Co.
- **Servicing:** City Bank & Trust Co. (NE)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*