# PPP loan: BAYER PROPERTIES, LLC
> **$1.57M** approved 04/05/2020 · Paid in Full · Loan `5074657007`
## Borrower
- **Name:** BAYER PROPERTIES, LLC
- **Address:** 2200 Magnolia Avenue, Suite 101, BIRMINGHAM, AL, 35205
- **NAICS:** 237210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.57M
- **Initial approval:** $1.57M
- **Forgiven:** $1.59M (101%)
- **Forgiveness date:** 05/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.57M
- **Jobs reported:** 107
## Lender
- **Originating:** IberiaBank, A Division of First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*