# PPP loan: PROFESSIONAL TOWING SERVICE INC.
> **$172K** approved 02/10/2021 · Paid in Full · Loan `6478598402`
## Borrower
- **Name:** PROFESSIONAL TOWING SERVICE INC.
- **Address:** 1872 Lornacrest Rd N/A, Birmingham, AL, 35244-1019
- **NAICS:** 811198
- **Business type:** Cooperative
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $172K
- **Initial approval:** $172K
- **Forgiven:** $174K (101%)
- **Forgiveness date:** 03/17/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $172K
- **Utilities:** $1
- **Jobs reported:** 112
## Lender
- **Originating:** SouthState Bank, National Association
- **Servicing:** SouthState Bank, National Association (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*