# PPP loan: PINEHURST COIN EXCHANGE INC
> **$174K** approved 04/11/2020 · Paid in Full · Loan `2700247105`
## Borrower
- **Name:** PINEHURST COIN EXCHANGE INC
- **Address:** 1420 NC Highway 5 S, PINEHURST, NC, 28374
- **NAICS:** 339999
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $174K
- **Initial approval:** $174K
- **Forgiven:** $176K (101%)
- **Forgiveness date:** 06/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $174K
- **Jobs reported:** 15
## 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*