# PPP loan: 2ND TIME AROUND INC
> **$159K** approved 04/05/2020 · Paid in Full · Loan `5563487005`
## Borrower
- **Name:** 2ND TIME AROUND INC
- **Address:** 7504 HIGHWAY 72 W, MADISON, AL, 35758-9595
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $159K
- **Initial approval:** $159K
- **Forgiven:** $160K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $143K
- **Rent:** $16K
- **Jobs reported:** 38
## Lender
- **Originating:** Bank Independent
- **Servicing:** Bank Independent (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*