# PPP loan: PINE KNOT LUMBER INC.
> **$260K** approved 03/12/2021 · Paid in Full · Loan `9123428500`
## Borrower
- **Name:** PINE KNOT LUMBER INC.
- **Address:** 1088 Southern Hwy, Pine Knot, KY, 42635-9173
- **NAICS:** 333243
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $260K
- **Initial approval:** $260K
- **Forgiven:** $263K (101%)
- **Forgiveness date:** 02/15/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $260K
- **Utilities:** $1
- **Jobs reported:** 48
## Lender
- **Originating:** United Cumberland Bank
- **Servicing:** United Cumberland Bank (KY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*