# PPP loan: SAULISBURY BUSINESS MACHINES INC.
> **$503K** approved 04/16/2020 · Paid in Full · Loan `2303727201`
## Borrower
- **Name:** SAULISBURY BUSINESS MACHINES INC.
- **Address:** 7632 SOUTHRAIL RD, NORTH CHARLESTON, SC, 29420-9000
- **NAICS:** 423420
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $503K
- **Initial approval:** $503K
- **Forgiven:** $509K (101%)
- **Forgiveness date:** 07/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $503K
- **Jobs reported:** 40
## Lender
- **Originating:** First-Citizens Bank & Trust Company
- **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*