# PPP loan: BAGGETT TRANSPORTATION COMPANY
> **$1.14M** approved 04/06/2020 · Paid in Full · Loan `5599927008`
## Borrower
- **Name:** BAGGETT TRANSPORTATION COMPANY
- **Address:** 5 49TH ST, BIRMINGHAM, AL, 35222-1615
- **NAICS:** 484121
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.14M
- **Initial approval:** $1.14M
- **Forgiven:** $1.15M (101%)
- **Forgiveness date:** 07/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.00M
- **Rent:** $100K
- **Utilities:** $36K
- **Jobs reported:** 90
## 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*