# PPP loan: PERRY LOFTON LOGGING LLC
> **$222K** approved 04/15/2020 · Paid in Full · Loan `9746177105`
## Borrower
- **Name:** PERRY LOFTON LOGGING LLC
- **Address:** 2076 COY SMITH HWY, MOUNT VERNON, AL, 36560-3110
- **NAICS:** 113310
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $222K
- **Initial approval:** $222K
- **Forgiven:** $224K (101%)
- **Forgiveness date:** 03/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $200K
- **Mortgage interest:** $15K
- **Utilities:** $7K
- **Jobs reported:** 20
## Lender
- **Originating:** The First Bank
- **Servicing:** The First Bank (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*