# PPP loan: BRECON KNITTING MILLS, INC.
> **$366K** approved 04/13/2020 · Paid in Full · Loan `5119347100`
## Borrower
- **Name:** BRECON KNITTING MILLS, INC.
- **Address:** 994 Ironaton Road, Talladega, AL, 35160-5015
- **NAICS:** 314999
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $366K
- **Initial approval:** $366K
- **Forgiven:** $344K (94%)
- **Forgiveness date:** 12/10/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $366K
- **Jobs reported:** 43
## Lender
- **Originating:** First Bank of Alabama
- **Servicing:** First Bank of Alabama (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*