# PPP loan: ALABAMA SHIPYARD LLC
> **$2.19M** approved 02/20/2021 · Paid in Full · Loan `2325848504`
## Borrower
- **Name:** ALABAMA SHIPYARD LLC
- **Address:** 660 Dunlap Dr, Mobile, AL, 36602-8001
- **NAICS:** 336611
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.19M
- **Initial approval:** $2.19M
- **Forgiven:** $2.20M (101%)
- **Forgiveness date:** 11/22/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $2.19M
- **Utilities:** $1
- **Jobs reported:** 137
## Lender
- **Originating:** First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*