# PPP loan: COLONIAL TRAILWAYS
> **$216K** approved 06/30/2020 · Paid in Full · Loan `6700908009`
## Borrower
- **Name:** COLONIAL TRAILWAYS
- **Address:** 2521 HALLS MILL RD, MOBILE, AL, 36606-4629
- **NAICS:** 485999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $216K
- **Initial approval:** $216K
- **Forgiven:** $219K (101%)
- **Forgiveness date:** 11/22/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $162K
- **Rent:** $43K
- **Utilities:** $11K
- **Jobs reported:** 50
## 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*