# PPP loan: VARNEY-SMITH LUMBER COMPANY INC
> **$163K** approved 04/08/2020 · Paid in Full · Loan `8332387006`
## Borrower
- **Name:** VARNEY-SMITH LUMBER COMPANY INC
- **Address:** 2701 ROUTE 302, LISBON, NH, 03585-7204
- **NAICS:** 444190
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $163K
- **Initial approval:** $163K
- **Forgiven:** $164K (101%)
- **Forgiveness date:** 02/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $122K
- **Mortgage interest:** $20K
- **Utilities:** $20K
- **Jobs reported:** 10
## Lender
- **Originating:** Woodsville Guaranty Savings Bank
- **Servicing:** Woodsville Guaranty Savings Bank (NH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*