# PPP loan: WHALEY CONSTRUCTION COMPANY, INC
> **$656K** approved 04/06/2020 · Paid in Full · Loan `5734887002`
## Borrower
- **Name:** WHALEY CONSTRUCTION COMPANY, INC
- **Address:** 225 W. MADISON STREET, TROY, AL, 36081-2525
- **NAICS:** 236220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $656K
- **Initial approval:** $656K
- **Forgiven:** $660K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $606K
- **Utilities:** $10K
- **Health care:** $40K
- **Jobs reported:** 61
## Lender
- **Originating:** Troy Bank & Trust Company
- **Servicing:** Troy Bank & Trust Company (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*