# PPP loan: SSIU, LLC
> **$247K** approved 04/05/2020 · Paid in Full · Loan `5364267006`
## Borrower
- **Name:** SSIU, LLC
- **Address:** 7801 STATE HIGHWAY 59 STE E, FOLEY, AL, 36535-6918
- **NAICS:** 524126
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $247K
- **Initial approval:** $247K
- **Forgiven:** $250K (101%)
- **Forgiveness date:** 05/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $238K
- **Rent:** $9K
- **Jobs reported:** 22
## Lender
- **Originating:** The First Bank
- **Servicing:** The First Bank (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*