# PPP loan: ALABAMA STATE EMPLOYEES ASSOCIATION
> **$173K** approved 04/14/2020 · Paid in Full · Loan `7340847106`
## Borrower
- **Name:** ALABAMA STATE EMPLOYEES ASSOCIATION
- **Address:** 110 N JACKSON ST, MONTGOMERY, AL, 36104-3811
- **NAICS:** 813410
- **Business type:** Professional Association
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $173K
- **Initial approval:** $173K
- **Forgiven:** $175K (101%)
- **Forgiveness date:** 03/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $173K
- **Jobs reported:** 11
## Lender
- **Originating:** River Bank & Trust
- **Servicing:** River Bank & Trust (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*