# PPP loan: DIRECMANAGEMENT, INC.
> **$201K** approved 04/28/2020 · Paid in Full · Loan `8502997201`
## Borrower
- **Name:** DIRECMANAGEMENT, INC.
- **Address:** 4320 DOWNTOWNER LOOP S, MOBILE, AL, 36609-5446
- **NAICS:** 561440
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $201K
- **Initial approval:** $201K
- **Forgiven:** $203K (101%)
- **Forgiveness date:** 04/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $201K
- **Jobs reported:** 36
## Lender
- **Originating:** First State Bank
- **Servicing:** First State Bank (MS)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*