# PPP loan: LAYMON HUGHES HOSIERY LLC
> **$250K** approved 04/13/2020 · Paid in Full · Loan `5112337105`
## Borrower
- **Name:** LAYMON HUGHES HOSIERY LLC
- **Address:** 1017 SANDERS AVE NE, FORT PAYNE, AL, 35967-2915
- **NAICS:** 315110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $250K
- **Initial approval:** $250K
- **Forgiven:** $252K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $188K
- **Utilities:** $63K
- **Jobs reported:** 51
## Lender
- **Originating:** First State Bank of DeKalb County
- **Servicing:** First State Bank of DeKalb County (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*