# PPP loan: WILLINGHAM SALVAGE, INC.
> **$211K** approved 04/05/2020 · Paid in Full · Loan `5507707005`
## Borrower
- **Name:** WILLINGHAM SALVAGE, INC.
- **Address:** 1643 4TH ST SW, CULLMAN, AL, 35055-3906
- **NAICS:** 423930
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $211K
- **Initial approval:** $211K
- **Forgiven:** $213K (101%)
- **Forgiveness date:** 03/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $169K
- **Rent:** $42K
- **Jobs reported:** 18
## Lender
- **Originating:** Premier Bank of the South
- **Servicing:** Premier Bank of the South (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*