# PPP loan: SLATON CUSTOM HOMES
> **$163K** approved 04/05/2020 · Paid in Full · Loan `5544737002`
## Borrower
- **Name:** SLATON CUSTOM HOMES
- **Address:** 3180 LEEMAN FERRY RD, HUNTSVILLE, AL, 35801-5325
- **NAICS:** 236118
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $163K
- **Initial approval:** $163K
- **Forgiven:** $164K (101%)
- **Forgiveness date:** 02/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $157K
- **Mortgage interest:** $5K
- **Utilities:** $800
- **Jobs reported:** 13
## 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*