# PPP loan: MARTIN & COBEY CONSTRUCTION CO, INC.
> **$202K** approved 04/12/2020 · Paid in Full · Loan `4050287102`
## Borrower
- **Name:** MARTIN & COBEY CONSTRUCTION CO, INC.
- **Address:** 112 N MARION ST, ATHENS, AL, 35611-2510
- **NAICS:** 236220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $202K
- **Initial approval:** $202K
- **Forgiven:** $204K (101%)
- **Forgiveness date:** 04/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $195K
- **Rent:** $5K
- **Utilities:** $2K
- **Jobs reported:** 20
## Lender
- **Originating:** Bank Independent
- **Servicing:** Bank Independent (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*