# PPP loan: ONATE INC
> **$153K** approved 07/29/2020 · Paid in Full · Loan `1095398205`
## Borrower
- **Name:** ONATE INC
- **Address:** 1900 Hilco St., ALBEMARLE, NC, 28001-6307
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $153K
- **Initial approval:** $153K
- **Forgiven:** $154K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $153K
- **Jobs reported:** 26
## Lender
- **Originating:** First-Citizens Bank & Trust Company
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*