# PPP loan: ESCOFAB INC
> **$180K** approved 01/31/2021 · Paid in Full · Loan `9823948308`
## Borrower
- **Name:** ESCOFAB INC
- **Address:** 171 Industrial Dr, Atmore, AL, 36502-1005
- **NAICS:** 332999
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $180K
- **Initial approval:** $180K
- **Forgiven:** $181K (101%)
- **Forgiveness date:** 12/29/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $180K
- **Utilities:** $1
- **Jobs reported:** 17
## Lender
- **Originating:** United Bank
- **Servicing:** United Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*