# PPP loan: ANDERSON LUMBER COMPANY INC
> **$423K** approved 04/09/2020 · Paid in Full · Loan `8980197006`
## Borrower
- **Name:** ANDERSON LUMBER COMPANY INC
- **Address:** 780 LOUISVILLE RD, ALCOA, TN, 37701-1834
- **NAICS:** 423310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $423K
- **Initial approval:** $423K
- **Forgiven:** $429K (101%)
- **Forgiveness date:** 07/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $423K
- **Jobs reported:** 52
## Lender
- **Originating:** CBBC Bank
- **Servicing:** CBBC Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*