# PPP loan: EGERTON & ASSOCIATES P.A.
> **$212K** approved 04/10/2020 · Exemption 4 · Loan `2535977107`
## Borrower
- **Name:** EGERTON & ASSOCIATES P.A.
- **Address:** 230 N. Eugene St., GREENSBORO, NC, 27401-2222
- **NAICS:** 541110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $212K
- **Initial approval:** $212K
- **Forgiven:** $204K (96%)
- **Forgiveness date:** 06/10/2021
- **Status:** Exemption 4
- **Term:** 59 months
## Use of funds
- **Payroll:** $195K
- **Mortgage interest:** $13K
- **Utilities:** $4K
- **Jobs reported:** 15
## Lender
- **Originating:** Atlantic Union Bank
- **Servicing:** Atlantic Union Bank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*