# PPP loan: PIEDMONT AUTOMATION INC.
> **$348K** approved 02/19/2021 · Paid in Full · Loan `1590228502`
## Borrower
- **Name:** PIEDMONT AUTOMATION INC.
- **Address:** 154 Kapp St, Winston Salem, NC, 27105-2639
- **NAICS:** 541330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $348K
- **Initial approval:** $348K
- **Forgiven:** $350K (101%)
- **Forgiveness date:** 11/22/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $348K
- **Utilities:** $1
- **Jobs reported:** 21
## Lender
- **Originating:** First Community Bank
- **Servicing:** First Community Bank (VA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*