# PPP loan: THE MAINSTREET COLLECTION INC.
> **$264K** approved 02/24/2021 · Paid in Full · Loan `3677168510`
## Borrower
- **Name:** THE MAINSTREET COLLECTION INC.
- **Address:** 1201 W 4th St, Washington, NC, 27889-5189
- **NAICS:** 424990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $264K
- **Initial approval:** $264K
- **Forgiven:** $266K (101%)
- **Forgiveness date:** 12/06/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $264K
- **Utilities:** $1
- **Jobs reported:** 25
## 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*