# PPP loan: LOUISE BECK PROPERTIES INC.
> **$177K** approved 03/20/2021 · Paid in Full · Loan `4852998602`
## Borrower
- **Name:** LOUISE BECK PROPERTIES INC.
- **Address:** 319 Providence Rd, Chapel Hill, NC, 27514-2233
- **NAICS:** 531311
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $177K
- **Initial approval:** $177K
- **Forgiven:** $179K (101%)
- **Forgiveness date:** 02/02/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $177K
- **Utilities:** $1
- **Jobs reported:** 18
## Lender
- **Originating:** Pinnacle Bank
- **Servicing:** Pinnacle Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*