# PPP loan: BAMA BUDWEISER OF MONTGOMERY, INC
> **$853K** approved 04/29/2020 · Paid in Full · Loan `4397637306`
## Borrower
- **Name:** BAMA BUDWEISER OF MONTGOMERY, INC
- **Address:** 1700 EMORY FOLMAR BLVD, MONTGOMERY, AL, 36110-3262
- **NAICS:** 424810
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $853K
- **Initial approval:** $853K
- **Forgiven:** $864K (101%)
- **Forgiveness date:** 08/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $640K
- **Rent:** $43K
- **Mortgage interest:** $43K
- **Utilities:** $43K
- **Health care:** $43K
- **Debt interest:** $43K
- **Jobs reported:** 77
## Lender
- **Originating:** Oakworth Capital Bank
- **Servicing:** Oakworth Capital Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*