# PPP loan: 2858 INVESTMENTS, LLC
> **$203K** approved 04/13/2020 · Paid in Full · Loan `4885647101`
## Borrower
- **Name:** 2858 INVESTMENTS, LLC
- **Address:** 321 E Russell St, FAYETTEVILLE, NC, 28301-5743
- **NAICS:** 551112
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $203K
- **Initial approval:** $203K
- **Forgiven:** $205K (101%)
- **Forgiveness date:** 02/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $152K
- **Rent:** $25K
- **Utilities:** $25K
- **Jobs reported:** 14
## Lender
- **Originating:** First Bank
- **Servicing:** First Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*