# PPP loan: BILTMORE MEDICAL ASSOCIATES
> **$396K** approved 04/12/2020 · Paid in Full · Loan `4054677109`
## Borrower
- **Name:** BILTMORE MEDICAL ASSOCIATES
- **Address:** 147 COXE AVE, ASHEVILLE, NC, 28801-4025
- **NAICS:** 621111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $396K
- **Initial approval:** $396K
- **Forgiven:** $401K (101%)
- **Forgiveness date:** 06/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $396K
- **Jobs reported:** 32
## 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*