# PPP loan: BRAXTON TIRE COMPANY
> **$198K** approved 04/11/2020 · Paid in Full · Loan `3177217106`
## Borrower
- **Name:** BRAXTON TIRE COMPANY
- **Address:** 110 JOHN EARL ST, HILLSBOROUGH, NC, 27278-2644
- **NAICS:** 441320
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $198K
- **Initial approval:** $183K
- **Forgiven:** $199K (101%)
- **Forgiveness date:** 02/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $198K
- **Jobs reported:** 11
## 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*