# PPP loan: INLINE ELECTRIC SUPPLY COMPANY INC
> **$3.20M** approved 04/07/2020 · Paid in Full · Loan `7520407002`
## Borrower
- **Name:** INLINE ELECTRIC SUPPLY COMPANY INC
- **Address:** 2880 Bob Wallace Avenue, HUNTSVILLE, AL, 35807
- **NAICS:** 335121
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.20M
- **Initial approval:** $3.20M
- **Forgiven:** $3.25M (101%)
- **Forgiveness date:** 09/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.20M
- **Jobs reported:** 214
## Lender
- **Originating:** IberiaBank, A Division of First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*