# PPP loan: NORTH ALABAMA RESPIRATORY EQUIPMENT INC.
> **$158K** approved 04/13/2020 · Paid in Full · Loan `4986067103`
## Borrower
- **Name:** NORTH ALABAMA RESPIRATORY EQUIPMENT INC.
- **Address:** 1871 AL HIGHWAY 157, CULLMAN, AL, 35058-0601
- **NAICS:** 446199
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $158K
- **Initial approval:** $158K
- **Forgiven:** $160K (101%)
- **Forgiveness date:** 02/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $158K
- **Jobs reported:** 23
## Lender
- **Originating:** Traditions Bank
- **Servicing:** Traditions Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*