# PPP loan: LAWRENCE COUNTY EXCHANGE, INC.
> **$217K** approved 04/15/2020 · Paid in Full · Loan `8079937109`
## Borrower
- **Name:** LAWRENCE COUNTY EXCHANGE, INC.
- **Address:** 12955 AL Hwy 157, MOULTON, AL, 35650-3701
- **NAICS:** 444220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $217K
- **Initial approval:** $217K
- **Forgiven:** $219K (101%)
- **Forgiveness date:** 02/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $188K
- **Rent:** $15K
- **Utilities:** $15K
- **Jobs reported:** 24
## Lender
- **Originating:** CB&S Bank
- **Servicing:** CB&S Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*