# PPP loan: STANDARD FURNITURE COMPANY OF ALABAMA, INC
> **$607K** approved 04/05/2020 · Paid in Full · Loan `5206007003`
## Borrower
- **Name:** STANDARD FURNITURE COMPANY OF ALABAMA, INC
- **Address:** 11 Office Park Circle, Birmingham, AL, 35223-2589
- **NAICS:** 442110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $607K
- **Initial approval:** $607K
- **Forgiven:** $612K (101%)
- **Forgiveness date:** 02/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $455K
- **Rent:** $109K
- **Utilities:** $43K
- **Jobs reported:** 90
## Lender
- **Originating:** ServisFirst Bank
- **Servicing:** ServisFirst Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*