# PPP loan: THE COLONIAL COMPANY
> **$208K** approved 04/09/2020 · Paid in Full · Loan `8985367008`
## Borrower
- **Name:** THE COLONIAL COMPANY
- **Address:** 5251 HAMPSTEAD HIGH ST, MONTGOMERY, AL, 36116-6743
- **NAICS:** 531210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $208K
- **Initial approval:** $208K
- **Forgiven:** $209K (101%)
- **Forgiveness date:** 12/08/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $166K
- **Rent:** $20K
- **Utilities:** $5K
- **Debt interest:** $17K
- **Jobs reported:** 13
## Lender
- **Originating:** River Bank & Trust
- **Servicing:** River Bank & Trust (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*