# PPP loan: FOSTER-CAVINESS COMPANY INC
> **$1.35M** approved 03/13/2021 · Paid in Full · Loan `1480958606`
## Borrower
- **Name:** FOSTER-CAVINESS COMPANY INC
- **Address:** 2914 Sandy Ridge Rd Bldg 1, Colfax, NC, 27235-9623
- **NAICS:** 424410
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.35M
- **Initial approval:** $1.35M
- **Forgiven:** $1.36M (101%)
- **Forgiveness date:** 04/21/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.35M
- **Utilities:** $1
- **Jobs reported:** 166
## Lender
- **Originating:** United Community Bank
- **Servicing:** United Community Bank (SC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*