# PPP loan: ALBANY AND ALABAMA INDUSTRIES, INC
> **$450K** approved 04/14/2020 · Paid in Full · Loan `6909697110`
## Borrower
- **Name:** ALBANY AND ALABAMA INDUSTRIES, INC
- **Address:** 1224 E Broad St, Albany, GA, 31705
- **NAICS:** 327320
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $450K
- **Initial approval:** $450K
- **Forgiven:** $453K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $450K
- **Jobs reported:** 57
## Lender
- **Originating:** First State Bank of Blakely
- **Servicing:** First State Bank of Blakely (GA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*