# PPP loan: ANDRESS ENGINEERING ASSOCIATES INC
> **$658K** approved 01/17/2021 · Paid in Full · Loan `1436398302`
## Borrower
- **Name:** ANDRESS ENGINEERING ASSOCIATES INC
- **Address:** 131 Airpark Industrial Rd, Alabaster, AL, 35007-9598
- **NAICS:** 541330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $658K
- **Initial approval:** $658K
- **Forgiven:** $662K (101%)
- **Forgiveness date:** 08/11/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $658K
- **Utilities:** $1
- **Jobs reported:** 42
## Lender
- **Originating:** SouthPoint Bank
- **Servicing:** SouthPoint Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*