# PPP loan: HOLLY TAG & LABEL INC.
> **$191K** approved 04/10/2020 · Paid in Full · Loan `1587377101`
## Borrower
- **Name:** HOLLY TAG & LABEL INC.
- **Address:** 1908 OLD HICKORY GROVE RD, MOUNT HOLLY, NC, 28120-1275
- **NAICS:** 323111
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $191K
- **Initial approval:** $191K
- **Forgiven:** $193K (101%)
- **Forgiveness date:** 04/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $191K
- **Jobs reported:** 20
## 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*