# PPP loan: MAXSON AND ASSOCIATES INC.
> **$713K** approved 03/13/2021 · Paid in Full · Loan `1306528600`
## Borrower
- **Name:** MAXSON AND ASSOCIATES INC.
- **Address:** 11009 Downs Rd, Pineville, NC, 28134-6304
- **NAICS:** 423310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $713K
- **Initial approval:** $713K
- **Forgiven:** $718K (101%)
- **Forgiveness date:** 11/01/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $713K
- **Utilities:** $1
- **Jobs reported:** 47
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*