# PPP loan: ALABAMA COAL COOPERATIVE
> **$240K** approved 04/01/2021 · Paid in Full · Loan `4706478710`
## Borrower
- **Name:** ALABAMA COAL COOPERATIVE
- **Address:** 3323 AL Highway 157, Cullman, AL, 35058-5950
- **NAICS:** 423520
- **Business type:** Cooperative
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $240K
- **Initial approval:** $240K
- **Forgiven:** $241K (101%)
- **Forgiveness date:** 11/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $240K
- **Utilities:** $1
- **Jobs reported:** 11
## Lender
- **Originating:** Cullman Savings Bank
- **Servicing:** Cullman Savings Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*