# PPP loan: SPENCERS INCORPORATED OF MOUNT AIRY NC
> **$538K** approved 04/04/2020 · Paid in Full · Loan `4748297009`
## Borrower
- **Name:** SPENCERS INCORPORATED OF MOUNT AIRY NC
- **Address:** 525 QUARRY RD, MOUNT AIRY, NC, 27030-9959
- **NAICS:** 212319
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $538K
- **Initial approval:** $616K
- **Forgiven:** $542K (101%)
- **Forgiveness date:** 03/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $538K
- **Jobs reported:** 49
## Lender
- **Originating:** First Community Bank
- **Servicing:** First Community Bank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*