# PPP loan: THORNTON IRON & METAL, INC
> **$619K** approved 04/08/2020 · Paid in Full · Loan `8843667009`
## Borrower
- **Name:** THORNTON IRON & METAL, INC
- **Address:** 750 County Road 76, ROGERSVILLE, AL, 35652-2211
- **NAICS:** 423930
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $619K
- **Initial approval:** $619K
- **Forgiven:** $625K (101%)
- **Forgiveness date:** 02/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $606K
- **Utilities:** $14K
- **Jobs reported:** 45
## 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*