# PPP loan: PARNELL INC
> **$502K** approved 04/23/2021 · Paid in Full · Loan `9627888807`
## Borrower
- **Name:** PARNELL INC
- **Address:** 13711 AL Highway 191, Maplesville, AL, 36750-3553
- **NAICS:** 113110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $502K
- **Initial approval:** $502K
- **Forgiven:** $507K (101%)
- **Forgiveness date:** 03/28/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $502K
- **Utilities:** $1
- **Jobs reported:** 34
## 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*