# PPP loan: LADD SUPPLY COMPANY INC
> **$181K** approved 04/10/2020 · Paid in Full · Loan `2409447100`
## Borrower
- **Name:** LADD SUPPLY COMPANY INC
- **Address:** 1800 S CRAFT HWY, CHICKASAW, AL, 36611-2205
- **NAICS:** 423710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $181K
- **Initial approval:** $181K
- **Forgiven:** $182K (101%)
- **Forgiveness date:** 03/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $154K
- **Rent:** $12K
- **Utilities:** $2K
- **Debt interest:** $12K
- **Jobs reported:** 20
## 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*