# PPP loan: PERFORMANCE CABLING TECHNOLOGIES INC.
> **$501K** approved 04/10/2020 · Paid in Full · Loan `2510257107`
## Borrower
- **Name:** PERFORMANCE CABLING TECHNOLOGIES INC.
- **Address:** 3027 US Highway 64 West, ASHEBORO, NC, 27205-8167
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $501K
- **Initial approval:** $501K
- **Forgiven:** $506K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $501K
- **Jobs reported:** 47
## Lender
- **Originating:** Truliant FCU
- **Servicing:** Truliant FCU (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*