# PPP loan: APELMACHINE & SUPPLY CO INC
> **$571K** approved 05/01/2020 · Paid in Full · Loan `4644697703`
## Borrower
- **Name:** APELMACHINE & SUPPLY CO INC
- **Address:** 9910 US HIGHWAY 31, HANCEVILLE, AL, 35077
- **NAICS:** 237110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $571K
- **Initial approval:** $571K
- **Forgiven:** $579K (101%)
- **Forgiveness date:** 09/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $571K
- **Jobs reported:** 31
## Lender
- **Originating:** Wells Fargo Bank, National Association
- **Servicing:** Wells Fargo Bank, National Association (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*