# PPP loan: T R VERNAL PAVING INC
> **$480K** approved 04/10/2020 · Paid in Full · Loan `2120647100`
## Borrower
- **Name:** T R VERNAL PAVING INC
- **Address:** 6221 Mt. Herman Rd, RALEIGH, NC, 27617-8958
- **NAICS:** 551112
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $480K
- **Initial approval:** $480K
- **Forgiven:** $485K (101%)
- **Forgiveness date:** 05/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $480K
- **Jobs reported:** 45
## Lender
- **Originating:** First Bank
- **Servicing:** First Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*