# PPP loan: MICHAEL ALEXANDER LOGGING INC.
> **$156K** approved 03/25/2021 · Paid in Full · Loan `9329048608`
## Borrower
- **Name:** MICHAEL ALEXANDER LOGGING INC.
- **Address:** 4350 Highway 71, Lockesburg, AR, 71846-9310
- **NAICS:** 113310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $156K
- **Initial approval:** $156K
- **Forgiven:** $157K (101%)
- **Forgiveness date:** 11/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $156K
- **Jobs reported:** 14
## Lender
- **Originating:** First State Bank of DeQueen
- **Servicing:** First State Bank of DeQueen (AR)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*