# PPP loan: AYERS CONSTRUCTION COMPANY INC
> **$200K** approved 04/14/2020 · Paid in Full · Loan `6364367104`
## Borrower
- **Name:** AYERS CONSTRUCTION COMPANY INC
- **Address:** 137 Lonnies Lane, BECKLEY, WV, 25801-9136
- **NAICS:** 236220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $200K
- **Initial approval:** $2.40M
- **Forgiven:** $201K (101%)
- **Forgiveness date:** 03/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $200K
- **Jobs reported:** 17
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*