# PPP loan: PALMETTO PAPER TUBE INC
> **$277K** approved 04/08/2020 · Paid in Full · Loan `7863447005`
## Borrower
- **Name:** PALMETTO PAPER TUBE INC
- **Address:** 203 West Society St, HEMINGWAY, SC, 29554-6672
- **NAICS:** 322299
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $277K
- **Initial approval:** $277K
- **Forgiven:** $279K (101%)
- **Forgiveness date:** 01/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $208K
- **Utilities:** $69K
- **Jobs reported:** 26
## Lender
- **Originating:** Anderson Brothers Bank
- **Servicing:** Anderson Brothers Bank (SC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*