# PPP loan: RALEIGH MORTGAGE GROUP INC
> **$164K** approved 04/13/2020 · Paid in Full · Loan `4237657106`
## Borrower
- **Name:** RALEIGH MORTGAGE GROUP INC
- **Address:** 5306 Six Forks Road Suite 202, RALEIGH, NC, 27615
- **NAICS:** 522310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $164K
- **Initial approval:** $164K
- **Forgiven:** $165K (101%)
- **Forgiveness date:** 03/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $164K
- **Jobs reported:** 11
## Lender
- **Originating:** North State Bank
- **Servicing:** North State Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*