# PPP loan: 1 SOURCE, LLC
> **$218K** approved 04/06/2020 · Paid in Full · Loan `6070597010`
## Borrower
- **Name:** 1 SOURCE, LLC
- **Address:** 3240 MOFFETT RD, MOBILE, AL, 36607-1706
- **NAICS:** 811310
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $218K
- **Initial approval:** $218K
- **Forgiven:** $220K (101%)
- **Forgiveness date:** 06/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $194K
- **Rent:** $12K
- **Utilities:** $2K
- **Debt interest:** $10K
- **Jobs reported:** 14
## 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*