# PPP loan: CVLC, INC
> **$226K** approved 04/09/2020 · Paid in Full · Loan `9511297003`
## Borrower
- **Name:** CVLC, INC
- **Address:** 151 Narrows Parkway, BIRMINGHAM, AL, 35242-8627
- **NAICS:** 624410
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $226K
- **Initial approval:** $226K
- **Forgiven:** $227K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $176K
- **Mortgage interest:** $24K
- **Utilities:** $26K
- **Jobs reported:** 49
## Lender
- **Originating:** Avadian CU
- **Servicing:** Avadian CU (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*