# PPP loan: ALEX KONTOS FRUIT COMPANY, INC.
> **$1.21M** approved 04/05/2020 · Paid in Full · Loan `5482187007`
## Borrower
- **Name:** ALEX KONTOS FRUIT COMPANY, INC.
- **Address:** 444 FINLEY AVE, BIRMINGHAM, AL, 35204-1068
- **NAICS:** 424480
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.21M
- **Initial approval:** $1.21M
- **Forgiven:** $1.22M (101%)
- **Forgiveness date:** 02/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $925K
- **Rent:** $160K
- **Utilities:** $78K
- **Debt interest:** $45K
- **Jobs reported:** 76
## 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*