# PPP loan: PEPSI-COLA BOTTLING CO. OF LUVERNE INC.
> **$739K** approved 04/05/2020 · Paid in Full · Loan `5274577001`
## Borrower
- **Name:** PEPSI-COLA BOTTLING CO. OF LUVERNE INC.
- **Address:** FOREST AVE, LUVERNE, AL, 36049-1802
- **NAICS:** 312111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $739K
- **Initial approval:** $739K
- **Forgiven:** $744K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $591K
- **Utilities:** $148K
- **Jobs reported:** 79
## Lender
- **Originating:** First Citizens Bank
- **Servicing:** First Citizens Bank (AL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*