# PPP loan: MAY'S DISTRIBUTING CO., INC.
> **$372K** approved 04/14/2020 · Paid in Full · Loan `5890957110`
## Borrower
- **Name:** MAY'S DISTRIBUTING CO., INC.
- **Address:** 102 MLK Boulevard North, UNION SPRINGS, AL, 36089-1667
- **NAICS:** 424720
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $372K
- **Initial approval:** $372K
- **Forgiven:** $375K (101%)
- **Forgiveness date:** 02/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $332K
- **Utilities:** $15K
- **Health care:** $14K
- **Debt interest:** $11K
- **Jobs reported:** 46
## 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*