# PPP loan: AMERICAN CEDAR & MILLWORK, INC.
> **$1.24M** approved 04/08/2020 · Paid in Full · Loan `7865247008`
## Borrower
- **Name:** AMERICAN CEDAR & MILLWORK, INC.
- **Address:** 17993 American Way, LEWES, DE, 19958-4799
- **NAICS:** 444190
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.24M
- **Initial approval:** $1.24M
- **Forgiven:** $1.26M (101%)
- **Forgiveness date:** 06/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.20M
- **Rent:** $19K
- **Mortgage interest:** $18K
- **Utilities:** $9K
- **Jobs reported:** 83
## Lender
- **Originating:** Wilmington Savings Fund Society, FSB
- **Servicing:** Wilmington Savings Fund Society, FSB (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*