# PPP loan: 603 GLENWOOD INC
> **$394K** approved 02/19/2021 · Paid in Full · Loan `1878808509`
## Borrower
- **Name:** 603 GLENWOOD INC
- **Address:** 603 Glenwood Ave, Raleigh, NC, 27603-1223
- **NAICS:** 722410
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $394K
- **Initial approval:** $394K
- **Forgiven:** $403K (102%)
- **Forgiveness date:** 07/07/2023
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $394K
- **Utilities:** $1
- **Jobs reported:** 49
## 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*