# PPP loan: CLAS COAL COMPANY INC
> **$387K** approved 05/11/2021 · Paid in Full · Loan `7922348900`
## Borrower
- **Name:** CLAS COAL COMPANY INC
- **Address:** 1466 McDade Rd, Carbon Hill, AL, 35549-4543
- **NAICS:** 212112
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $387K
- **Initial approval:** $387K
- **Forgiven:** $390K (101%)
- **Forgiveness date:** 03/09/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $387K
- **Jobs reported:** 25
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*