# PPP loan: LAMELL LUMBER CORPORATION
> **$453K** approved 04/09/2020 · Paid in Full · Loan `9234077008`
## Borrower
- **Name:** LAMELL LUMBER CORPORATION
- **Address:** 82 #A Jericho Rd, ESSEX JUNCTION, VT, 05452
- **NAICS:** 321113
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $453K
- **Initial approval:** $453K
- **Forgiven:** $459K (101%)
- **Forgiveness date:** 09/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $340K
- **Rent:** $57K
- **Utilities:** $57K
- **Jobs reported:** 41
## Lender
- **Originating:** NBT Bank, National Association
- **Servicing:** NBT Bank, National Association (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*