# PPP loan: WINSTON PRINTING COMPANY INC
> **$589K** approved 05/05/2020 · Paid in Full · Loan `1924027408`
## Borrower
- **Name:** WINSTON PRINTING COMPANY INC
- **Address:** 8095 N Point Blvd, Winston Salem, NC, 27106
- **NAICS:** 322212
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $589K
- **Initial approval:** $589K
- **Forgiven:** $597K (101%)
- **Forgiveness date:** 08/30/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $507K
- **Rent:** $42K
- **Mortgage interest:** $20K
- **Utilities:** $20K
- **Jobs reported:** 30
## Lender
- **Originating:** First Reliance Bank
- **Servicing:** Loan Source Incorporated (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*