# PPP loan: WHIP AROUND, INC.
> **$345K** approved 04/15/2020 · Paid in Full · Loan `1851197204`
## Borrower
- **Name:** WHIP AROUND, INC.
- **Address:** 5955 Carnegie Boulevard Suite 300 Grey Lynn, Charlotte, NC, 28209
- **NAICS:** 423430
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $345K
- **Initial approval:** $345K
- **Forgiven:** $348K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $330K
- **Mortgage interest:** $15K
- **Jobs reported:** 20
## Lender
- **Originating:** Silicon Valley Bridge Bank NA
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*