# PPP loan: TOOMEY EQUIPMENT CO., INC.
> **$224K** approved 04/27/2020 · Paid in Full · Loan `3836977203`
## Borrower
- **Name:** TOOMEY EQUIPMENT CO., INC.
- **Address:** 5788 HIGHWAY 90 WEST, THEODORE, AL, 36590
- **NAICS:** 423820
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $224K
- **Initial approval:** $224K
- **Forgiven:** $224K (100%)
- **Forgiveness date:** 12/28/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $224K
- **Jobs reported:** 27
## Lender
- **Originating:** Cadence Bank
- **Servicing:** Cadence Bank (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*