# PPP loan: SERBON, INC.
> **$366K** approved 04/15/2020 · Paid in Full · Loan `9089107105`
## Borrower
- **Name:** SERBON, INC.
- **Address:** PO BOX 310, SEARCY, AR, 72145
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $366K
- **Initial approval:** $366K
- **Forgiven:** $370K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $274K
- **Utilities:** $91K
- **Jobs reported:** 112
## Lender
- **Originating:** First Community Bank
- **Servicing:** First Community Bank (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*