# PPP loan: A.L. LOWDER INC.
> **$170K** approved 01/17/2021 · Paid in Full · Loan `1397248310`
## Borrower
- **Name:** A.L. LOWDER INC.
- **Address:** 435 Willow St, Albemarle, NC, 28001-5637
- **NAICS:** 423390
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $170K
- **Initial approval:** $174K
- **Forgiven:** $172K (101%)
- **Forgiveness date:** 02/01/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $170K
- **Jobs reported:** 20
## Lender
- **Originating:** Uwharrie Bank
- **Servicing:** Uwharrie Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*