# PPP loan: AMERICAN DRILLING OF ALABAMA INC
> **$351K** approved 04/28/2020 · Paid in Full · Loan `1099937300`
## Borrower
- **Name:** AMERICAN DRILLING OF ALABAMA INC
- **Address:** 535 US 31, ALABASTER, AL, 35007
- **NAICS:** 213111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $351K
- **Initial approval:** $351K
- **Forgiven:** $355K (101%)
- **Forgiveness date:** 07/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $351K
- **Jobs reported:** 21
## Lender
- **Originating:** Renasant Bank
- **Servicing:** Renasant Bank (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*