# PPP loan: NORTH CAROLINA COMMUNITY FOUNDATION, INC
> **$497K** approved 04/13/2020 · Paid in Full · Loan `4306977102`
## Borrower
- **Name:** NORTH CAROLINA COMMUNITY FOUNDATION, INC
- **Address:** 3737 GLENWOOD AVE, SUITE 460, RALEIGH, NC, 27612-5505
- **NAICS:** 813211
- **Business type:** Non-Profit Organization
- **Business age:** Unanswered
## Loan
- **Approval amount:** $497K
- **Initial approval:** $497K
- **Forgiven:** $500K (101%)
- **Forgiveness date:** 12/31/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $497K
- **Jobs reported:** 31
## 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*