# PPP loan: PROVERBS 22:29 LLC
> **$285K** approved 02/24/2021 · Paid in Full · Loan `3612208508`
## Borrower
- **Name:** PROVERBS 22:29 LLC
- **Address:** 4720 Country Club Rd, Winston Salem, NC, 27104-3522
- **NAICS:** 561320
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $285K
- **Initial approval:** $285K
- **Forgiven:** $287K (101%)
- **Forgiveness date:** 08/27/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $285K
- **Utilities:** $1
- **Jobs reported:** 60
## 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*