# PPP loan: FARRELL CORPORATION
> **$187K** approved 04/14/2020 · Paid in Full · Loan `6842007107`
## Borrower
- **Name:** FARRELL CORPORATION
- **Address:** 1010 8th Ave NE, DECATUR, AL, 35601-2434
- **NAICS:** 424690
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $187K
- **Initial approval:** $187K
- **Forgiven:** $188K (101%)
- **Forgiveness date:** 12/08/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $140K
- **Mortgage interest:** $23K
- **Utilities:** $23K
- **Jobs reported:** 19
## Lender
- **Originating:** Premier Bank of the South
- **Servicing:** Premier Bank of the South (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*