# PPP loan: Y-TEC KELEX TOYOTETSU ALABAMA, INC
> **$883K** approved 04/30/2020 · Paid in Full · Loan `6049587307`
## Borrower
- **Name:** Y-TEC KELEX TOYOTETSU ALABAMA, INC
- **Address:** 5000 BRADFORD DR NW STE B BLDG 3, HUNTSVILLE, AL, 35805-1937
- **NAICS:** 336111
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $883K
- **Initial approval:** $883K
- **Forgiven:** $892K (101%)
- **Forgiveness date:** 05/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $843K
- **Mortgage interest:** $25K
- **Utilities:** $15K
- **Jobs reported:** 68
## Lender
- **Originating:** Cadence Bank
- **Servicing:** Cadence Bank (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*