# PPP loan: HIGGINS ELECTRIC INC OF DOTHAN
> **$787K** approved 01/26/2021 · Paid in Full · Loan `5938508307`
## Borrower
- **Name:** HIGGINS ELECTRIC INC OF DOTHAN
- **Address:** 1360 Columbia Hwy, Dothan, AL, 36301-1828
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $787K
- **Initial approval:** $787K
- **Forgiven:** $792K (101%)
- **Forgiveness date:** 09/07/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $787K
- **Utilities:** $1
- **Jobs reported:** 56
## 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*