# PPP loan: HAGER EQUIPMENT COMPANY OF ALABAMA INC
> **$253K** approved 01/23/2021 · Paid in Full · Loan `4504628306`
## Borrower
- **Name:** HAGER EQUIPMENT COMPANY OF ALABAMA INC
- **Address:** 1901 Morgan Rd, Bessemer, AL, 35022-4851
- **NAICS:** 333131
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $253K
- **Initial approval:** $253K
- **Forgiven:** $255K (101%)
- **Forgiveness date:** 12/09/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $253K
- **Utilities:** $1
- **Jobs reported:** 18
## Lender
- **Originating:** ServisFirst Bank
- **Servicing:** ServisFirst Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*