# PPP loan: RUTHERFORD CONTRACTING INC
> **$317K** approved 04/27/2020 · Paid in Full · Loan `4694017206`
## Borrower
- **Name:** RUTHERFORD CONTRACTING INC
- **Address:** 4038 COUNTY ROAD 108, TOWN CREEK, AL, 35672-7022
- **NAICS:** 237310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $317K
- **Initial approval:** $317K
- **Forgiven:** $320K (101%)
- **Forgiveness date:** 06/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $264K
- **Rent:** $38K
- **Utilities:** $15K
- **Jobs reported:** 22
## 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*