# PPP loan: SEAGRAVES GRADING, INC
> **$236K** approved 04/10/2020 · Paid in Full · Loan `2281887103`
## Borrower
- **Name:** SEAGRAVES GRADING, INC
- **Address:** 4600 LOWER STONE CHURCH RD, ROCKWELL, NC, 28138-7718
- **NAICS:** 238910
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $236K
- **Initial approval:** $236K
- **Forgiven:** $238K (101%)
- **Forgiveness date:** 03/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $188K
- **Mortgage interest:** $40K
- **Utilities:** $7K
- **Jobs reported:** 27
## Lender
- **Originating:** Uwharrie Bank
- **Servicing:** Uwharrie Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*