# PPP loan: ANCHOR AUTO AND CYCLE INSURANCE AGENCY INC.
> **$293K** approved 04/15/2020 · Paid in Full · Loan `1670567209`
## Borrower
- **Name:** ANCHOR AUTO AND CYCLE INSURANCE AGENCY INC.
- **Address:** 4052 STE E S MEMORIAL DR, WINTERVILLE, NC, 28590-8655
- **NAICS:** 524210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $293K
- **Initial approval:** $293K
- **Forgiven:** $294K (101%)
- **Forgiveness date:** 12/04/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $293K
- **Jobs reported:** 31
## Lender
- **Originating:** Southern Bank and Trust Company
- **Servicing:** Southern Bank and Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*