# PPP loan: CORBITT POWER AND LIGHT LLC
> **$392K** approved 04/10/2020 · Paid in Full · Loan `1811017104`
## Borrower
- **Name:** CORBITT POWER AND LIGHT LLC
- **Address:** 2795 AL HIGHWAY 205, ALBERTVILLE, AL, 35950-8640
- **NAICS:** 238210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $392K
- **Initial approval:** $392K
- **Forgiven:** $394K (101%)
- **Forgiveness date:** 12/04/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $348K
- **Health care:** $44K
- **Jobs reported:** 38
## Lender
- **Originating:** First Southern State Bank
- **Servicing:** First Southern State Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*