# PPP loan: WALKER BROTHERS, LTD
> **$493K** approved 04/10/2020 · Paid in Full · Loan `2036037102`
## Borrower
- **Name:** WALKER BROTHERS, LTD
- **Address:** 79 School House Road, BAILEYTON, AL, 35019-8405
- **NAICS:** 444130
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $493K
- **Initial approval:** $493K
- **Forgiven:** $498K (101%)
- **Forgiveness date:** 04/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $445K
- **Rent:** $6K
- **Mortgage interest:** $7K
- **Utilities:** $16K
- **Debt interest:** $20K
- **Jobs reported:** 70
## Lender
- **Originating:** Merchants Bank of Alabama, A Division of 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*