# PPP loan: KNOTHOLE TIMBER, LLC
> **$188K** approved 04/07/2020 · Paid in Full · Loan `7584547008`
## Borrower
- **Name:** KNOTHOLE TIMBER, LLC
- **Address:** 15241 NW Hwy 19, CROSS CITY, FL, 32628-4008
- **NAICS:** 113310
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $188K
- **Initial approval:** $188K
- **Forgiven:** $189K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $150K
- **Mortgage interest:** $15K
- **Utilities:** $10K
- **Health care:** $5K
- **Debt interest:** $8K
- **Jobs reported:** 20
## Lender
- **Originating:** Seacoast National Bank
- **Servicing:** Seacoast National Bank (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*