# PPP loan: CMC ENTERPRISES
> **$562K** approved 05/06/2020 · Paid in Full · Loan `2962027403`
## Borrower
- **Name:** CMC ENTERPRISES
- **Address:** 450 HANES MILL RD Ste 105, WINSTON SALEM, NC, 27105-7414
- **NAICS:** 561320
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $562K
- **Initial approval:** $562K
- **Forgiven:** $567K (101%)
- **Forgiveness date:** 03/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $562K
- **Jobs reported:** 65
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*