# PPP loan: MURPHREE BRIDGE CORPORATION
> **$576K** approved 04/07/2020 · Paid in Full · Loan `7272047001`
## Borrower
- **Name:** MURPHREE BRIDGE CORPORATION
- **Address:** 1627 COUNTY ROAD 1149, TROY, AL, 36079-5419
- **NAICS:** 237310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $576K
- **Initial approval:** $576K
- **Forgiven:** $579K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $554K
- **Rent:** $16K
- **Utilities:** $7K
- **Jobs reported:** 51
## Lender
- **Originating:** Troy Bank and Trust Company
- **Servicing:** Troy Bank & Trust Company (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*