# PPP loan: WAKE FUTBOL CLUB INC
> **$301K** approved 04/10/2020 · Charged Off · Loan `1434707103`
## Borrower
- **Name:** WAKE FUTBOL CLUB INC
- **Address:** 6034 KENTWORTH DR, HOLLY SPRINGS, NC, 27540-7670
- **NAICS:** 813410
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $301K
- **Initial approval:** $301K
- **Forgiven:** $16K (5%)
- **Forgiveness date:** 04/18/2022
- **Status:** Charged Off
- **Term:** 118 months
## Use of funds
- **Payroll:** $301K
- **Jobs reported:** 80
## 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*