# PPP loan: LYONS & COMPANY, INC.
> **$1.02M** approved 04/07/2020 · Paid in Full · Loan `7458017001`
## Borrower
- **Name:** LYONS & COMPANY, INC.
- **Address:** 201 COURT ST, FLORENCE, AL, 35630-5678
- **NAICS:** 541612
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $1.02M
- **Initial approval:** $1.02M
- **Forgiven:** $1.03M (101%)
- **Forgiveness date:** 05/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $762K
- **Mortgage interest:** $152K
- **Utilities:** $102K
- **Jobs reported:** 86
## Lender
- **Originating:** First Metro Bank
- **Servicing:** First Metro Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*