# PPP loan: MOBILE FOREST PRODUCTS & BIOMASS, INC
> **$1.62M** approved 04/12/2020 · Paid in Full · Loan `3964027107`
## Borrower
- **Name:** MOBILE FOREST PRODUCTS & BIOMASS, INC
- **Address:** 1820 HAND AVE, MOBILE, AL, 36612-1766
- **NAICS:** 113210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.62M
- **Initial approval:** $1.62M
- **Forgiven:** $1.63M (101%)
- **Forgiveness date:** 11/12/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.62M
- **Jobs reported:** 164
## Lender
- **Originating:** Hancock Whitney Bank
- **Servicing:** Hancock Whitney Bank (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*