# PPP loan: ALLEN FOOD MARTS INC
> **$307K** approved 04/12/2020 · Paid in Full · Loan `3824947110`
## Borrower
- **Name:** ALLEN FOOD MARTS INC
- **Address:** 1251 OLD BIRMINGHAM HWY, SYLACAUGA, AL, 35150-1886
- **NAICS:** 447110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $307K
- **Initial approval:** $307K
- **Forgiven:** $311K (101%)
- **Forgiveness date:** 07/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $307K
- **Jobs reported:** 55
## Lender
- **Originating:** Valley National Bank
- **Servicing:** Valley National Bank (NJ)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*