# PPP loan: SUSSEX TREE SERVICE
> **$305K** approved 04/15/2020 · Paid in Full · Loan `8640997101`
## Borrower
- **Name:** SUSSEX TREE SERVICE
- **Address:** 20350 Nelson Drive, Bridgeville, DE, 19933
- **NAICS:** 561730
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $305K
- **Initial approval:** $305K
- **Forgiven:** $309K (101%)
- **Forgiveness date:** 09/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $254K
- **Rent:** $30K
- **Mortgage interest:** $3K
- **Utilities:** $4K
- **Health care:** $9K
- **Debt interest:** $5K
- **Jobs reported:** 33
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*