# PPP loan: ABC CORNERSHOP, INC
> **$470K** approved 04/04/2020 · Paid in Full · Loan `4779047007`
## Borrower
- **Name:** ABC CORNERSHOP, INC
- **Address:** 1519 Brookside Drive, RALEIGH, NC, 27604-2002
- **NAICS:** 445310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $470K
- **Initial approval:** $470K
- **Forgiven:** $223K (47%)
- **Forgiveness date:** 05/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $470K
- **Jobs reported:** 83
## 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*