# PPP loan: WELLBORN INDUSTRIES INC
> **$170K** approved 01/30/2021 · Paid in Full · Loan `9319798301`
## Borrower
- **Name:** WELLBORN INDUSTRIES INC
- **Address:** 59 Wellborn Way, Jacksons Gap, AL, 36861-5781
- **NAICS:** 321113
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $170K
- **Initial approval:** $170K
- **Forgiven:** $172K (101%)
- **Forgiveness date:** 06/14/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $170K
- **Jobs reported:** 20
## 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*