# PPP loan: TOOL EXPO CORPORATION
> **$189K** approved 04/06/2020 · Paid in Full · Loan `6098217003`
## Borrower
- **Name:** TOOL EXPO CORPORATION
- **Address:** 111 SANDY SHOAL LOOP, FAIRHOPE, AL, 36532-3395
- **NAICS:** 326199
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $189K
- **Initial approval:** $189K
- **Forgiven:** $190K (101%)
- **Forgiveness date:** 12/23/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $149K
- **Rent:** $30K
- **Utilities:** $10K
- **Jobs reported:** 16
## 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*