# PPP loan: VERNON MILLING CO., INC.
> **$539K** approved 04/06/2020 · Paid in Full · Loan `6070097002`
## Borrower
- **Name:** VERNON MILLING CO., INC.
- **Address:** 44080 Hwy 17 S P O Box 1617, VERNON, AL, 35592-1617
- **NAICS:** 484121
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $539K
- **Initial approval:** $539K
- **Forgiven:** $543K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $431K
- **Utilities:** $108K
- **Jobs reported:** 57
## Lender
- **Originating:** The Bank of Vernon
- **Servicing:** The Bank of Vernon (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*