# PPP loan: DORSEY TRAILER LLC
> **$1.99M** approved 04/07/2020 · Paid in Full · Loan `6893557010`
## Borrower
- **Name:** DORSEY TRAILER LLC
- **Address:** 1315 HICKMAN AVE, ELBA, AL, 36323-1855
- **NAICS:** 336212
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $1.99M
- **Initial approval:** $1.99M
- **Forgiven:** $2.01M (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.91M
- **Utilities:** $82K
- **Jobs reported:** 375
## 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*