# PPP loan: SUMMERFORD PALLET COMPANY INC
> **$588K** approved 04/10/2020 · Paid in Full · Loan `1402357100`
## Borrower
- **Name:** SUMMERFORD PALLET COMPANY INC
- **Address:** 353 ASHFORD INDUSTRIAL DR, ASHFORD, AL, 36312-4589
- **NAICS:** 423990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $588K
- **Initial approval:** $588K
- **Forgiven:** $592K (101%)
- **Forgiveness date:** 11/17/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $588K
- **Jobs reported:** 86
## Lender
- **Originating:** River Bank & Trust
- **Servicing:** River Bank & Trust (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*