# PPP loan: SORRELLS SAWMILL INC
> **$316K** approved 05/12/2021 · Paid in Full · Loan `9767938909`
## Borrower
- **Name:** SORRELLS SAWMILL INC
- **Address:** 1423 Ouachita Road 36, Sparkman, AR, 71763-8620
- **NAICS:** 321113
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $316K
- **Initial approval:** $316K
- **Forgiven:** $319K (101%)
- **Forgiveness date:** 03/25/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $316K
- **Jobs reported:** 30
## Lender
- **Originating:** FBT Bank and Mortgage
- **Servicing:** FBT Bank and Mortgage (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*