# PPP loan: ALABAMA COLON AND RECTAL INSTITUTE
> **$273K** approved 04/14/2020 · Paid in Full · Loan `7609747104`
## Borrower
- **Name:** ALABAMA COLON AND RECTAL INSTITUTE
- **Address:** 1317 4th Ave South,, Birmingham, AL, 35233-1408
- **NAICS:** 621111
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $273K
- **Initial approval:** $273K
- **Forgiven:** $276K (101%)
- **Forgiveness date:** 06/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $273K
- **Jobs reported:** 27
## Lender
- **Originating:** Regions Bank
- **Servicing:** Regions Bank (AL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*