# PPP loan: ALBRIGHTS SUPPLY COMPANY INC
> **$151K** approved 04/04/2020 · Paid in Full · Loan `4863187006`
## Borrower
- **Name:** ALBRIGHTS SUPPLY COMPANY INC
- **Address:** 2102 SOUTH TATE STREET, CORINTH, MS, 38834-7913
- **NAICS:** 423110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $151K
- **Initial approval:** $151K
- **Forgiven:** $153K (101%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $121K
- **Mortgage interest:** $15K
- **Utilities:** $15K
- **Jobs reported:** 19
## Lender
- **Originating:** Farmers and Merchants Bank
- **Servicing:** Farmers and Merchants Bank (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*