# PPP loan: TEAMCRAFT ROOFING INC.
> **$3.62M** approved 04/27/2020 · Paid in Full · Loan `4767967200`
## Borrower
- **Name:** TEAMCRAFT ROOFING INC.
- **Address:** 1316 North Long Street, Salisbury, NC, 28144
- **NAICS:** 238160
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.62M
- **Initial approval:** $3.62M
- **Forgiven:** $3.66M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.49M
- **Rent:** $22K
- **Utilities:** $22K
- **Health care:** $86K
- **Jobs reported:** 291
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*