# PPP loan: DOUGLAS AND SONS INC.
> **$389K** approved 04/29/2021 · Paid in Full · Loan `4695388907`
## Borrower
- **Name:** DOUGLAS AND SONS INC.
- **Address:** 1025 N Chipley Ford Rd, Statesville, NC, 28625-1574
- **NAICS:** 484121
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $389K
- **Initial approval:** $389K
- **Forgiven:** $391K (101%)
- **Forgiveness date:** 12/22/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $389K
- **Utilities:** $1
- **Jobs reported:** 43
## Lender
- **Originating:** First National Bank of Pennsylvania
- **Servicing:** First National Bank of Pennsylvania (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*