# PPP loan: DEVAN LOWE INC
> **$349K** approved 04/07/2020 · Paid in Full · Loan `7528167007`
## Borrower
- **Name:** DEVAN LOWE INC
- **Address:** 801 W GRAND AVE, RAINBOW CITY, AL, 35906-3335
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $349K
- **Initial approval:** $349K
- **Forgiven:** $352K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $349K
- **Jobs reported:** 33
## Lender
- **Originating:** The Exchange Bank of Alabama
- **Servicing:** The Exchange Bank of Alabama (AL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*