# PPP loan: SHIELDS WOOD PRODUCTS, INC
> **$284K** approved 04/09/2020 · Paid in Full · Loan `9772887001`
## Borrower
- **Name:** SHIELDS WOOD PRODUCTS, INC
- **Address:** 97 HIGHWAY 51 N, ARKADELPHIA, AR, 71923-9259
- **NAICS:** 321113
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $284K
- **Initial approval:** $284K
- **Forgiven:** $286K (101%)
- **Forgiveness date:** 02/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $213K
- **Rent:** $43K
- **Utilities:** $28K
- **Jobs reported:** 40
## Lender
- **Originating:** Southern Bancorp Bank
- **Servicing:** Southern Bancorp Bank (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*