# PPP loan: PELM MASTERYIELD DEVELOPMENT CORP
> **$199K** approved 04/29/2020 · Paid in Full · Loan `3809017300`
## Borrower
- **Name:** PELM MASTERYIELD DEVELOPMENT CORP
- **Address:** 642 SILVERSMITH LN, CHARLOTTE, NC, 28270-0873
- **NAICS:** 624410
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $199K
- **Initial approval:** $199K
- **Forgiven:** $200K (101%)
- **Forgiveness date:** 04/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $199K
- **Jobs reported:** 29
## Lender
- **Originating:** First-Citizens Bank & Trust Company
- **Servicing:** First-Citizens Bank & Trust Company (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*