# PPP loan: THE FOUNDRY MINISTRIES INC.
> **$699K** approved 01/31/2021 · Paid in Full · Loan `1012508403`
## Borrower
- **Name:** THE FOUNDRY MINISTRIES INC.
- **Address:** 1804 6th Ave N, Bessemer, AL, 35020-4851
- **NAICS:** 813110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $699K
- **Initial approval:** $699K
- **Forgiven:** $704K (101%)
- **Forgiveness date:** 11/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $699K
- **Utilities:** $1
- **Jobs reported:** 173
## Lender
- **Originating:** Regions Bank
- **Servicing:** Regions Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*