# PPP loan: BUNCH & JAMES
> **$256K** approved 04/13/2020 · Paid in Full · Loan `4380257107`
## Borrower
- **Name:** BUNCH & JAMES
- **Address:** 210 E TENNESSEE ST, FLORENCE, AL, 35630-5625
- **NAICS:** 541110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $256K
- **Initial approval:** $256K
- **Forgiven:** $258K (101%)
- **Forgiveness date:** 04/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $192K
- **Mortgage interest:** $38K
- **Utilities:** $26K
- **Jobs reported:** 14
## Lender
- **Originating:** First Metro Bank
- **Servicing:** First Metro Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*