# PPP loan: THE STRAIT AND LAMP LUMBER COMPANY, INCORPORATED
> **$1.77M** approved 04/09/2020 · Paid in Full · Loan `9756707004`
## Borrower
- **Name:** THE STRAIT AND LAMP LUMBER COMPANY, INCORPORATED
- **Address:** 269 National Road SE 0.0, Hebron, OH, 43025-9498
- **NAICS:** 423310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.77M
- **Initial approval:** $1.77M
- **Forgiven:** $1.78M (101%)
- **Forgiveness date:** 04/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.42M
- **Rent:** $125K
- **Utilities:** $30K
- **Health care:** $161K
- **Debt interest:** $35K
- **Jobs reported:** 180
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*