# PPP loan: AMERIGLIDE DISTRIBUTING 2019, INC
> **$360K** approved 04/11/2020 · Paid in Full · Loan `2793757103`
## Borrower
- **Name:** AMERIGLIDE DISTRIBUTING 2019, INC
- **Address:** 5110 Atlantic Ave, RALEIGH, NC, 27616-1868
- **NAICS:** 339113
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $360K
- **Initial approval:** $315K
- **Forgiven:** $363K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $360K
- **Jobs reported:** 32
## Lender
- **Originating:** TowneBank
- **Servicing:** TowneBank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*