# PPP loan: SERAAJ FAMILY HOMES INC
> **$560K** approved 04/09/2020 · Paid in Full · Loan `9694437010`
## Borrower
- **Name:** SERAAJ FAMILY HOMES INC
- **Address:** 400 COTTON GIN ROAD, MONTGOMERY, AL, 36117
- **NAICS:** 624110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $560K
- **Initial approval:** $560K
- **Forgiven:** $563K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $424K
- **Rent:** $73K
- **Utilities:** $13K
- **Health care:** $50K
- **Jobs reported:** 70
## Lender
- **Originating:** AmeriFirst Bank
- **Servicing:** AmeriFirst Bank (AL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*