# PPP loan: O'FERRELL REBAR, INC.
> **$230K** approved 04/15/2020 · Paid in Full · Loan `1664637210`
## Borrower
- **Name:** O'FERRELL REBAR, INC.
- **Address:** 8955 BELLINGRATH RD, THEODORE, AL, 36582-2723
- **NAICS:** 332312
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $230K
- **Initial approval:** $230K
- **Forgiven:** $234K (102%)
- **Forgiveness date:** 12/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $173K
- **Rent:** $46K
- **Utilities:** $12K
- **Jobs reported:** 17
## Lender
- **Originating:** ServisFirst Bank
- **Servicing:** ServisFirst Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*