# PPP loan: PAUL MICHAEL
> **$388K** approved 02/13/2021 · Paid in Full · Loan `8167218406`
## Borrower
- **Name:** PAUL MICHAEL
- **Address:** 420 Main St, Lake Village, AR, 71653-1732
- **NAICS:** 453998
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $388K
- **Initial approval:** $388K
- **Forgiven:** $389K (100%)
- **Forgiveness date:** 08/19/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $387K
- **Utilities:** $1
- **Jobs reported:** 61
## Lender
- **Originating:** Simmons Bank
- **Servicing:** Simmons Bank (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*