# PPP loan: RAST CONSTRUCTION INC
> **$625K** approved 04/05/2020 · Paid in Full · Loan `5369317007`
## Borrower
- **Name:** RAST CONSTRUCTION INC
- **Address:** 2901 SHANNON OXMOOR RD, BIRMINGHAM, AL, 35211-5908
- **NAICS:** 237110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $625K
- **Initial approval:** $625K
- **Forgiven:** $629K (101%)
- **Forgiveness date:** 12/09/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $600K
- **Rent:** $20K
- **Utilities:** $5K
- **Jobs reported:** 67
## 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*