# PPP loan: THE TRAYLOR GROUP, INC.
> **$2.32M** approved 04/08/2020 · Paid in Full · Loan `8621617010`
## Borrower
- **Name:** THE TRAYLOR GROUP, INC.
- **Address:** 4811 GAULT AVE, FORT PAYNE, AL, 35967-8169
- **NAICS:** 423930
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.32M
- **Initial approval:** $2.32M
- **Forgiven:** $2.09M (90%)
- **Forgiveness date:** 12/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.86M
- **Rent:** $152K
- **Mortgage interest:** $23K
- **Utilities:** $287K
- **Debt interest:** $3K
- **Jobs reported:** 225
## Lender
- **Originating:** First Southern State Bank
- **Servicing:** First Southern State Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*