# PPP loan: JOHN H. WELLONS FOUNDATION, INC.
> **$366K** approved 04/30/2020 · Paid in Full · Loan `4924407310`
## Borrower
- **Name:** JOHN H. WELLONS FOUNDATION, INC.
- **Address:** 2004 W Cumberland St, Dunn, NC, 28335
- **NAICS:** 531311
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $366K
- **Initial approval:** $366K
- **Forgiven:** $339K (93%)
- **Forgiveness date:** 07/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $366K
- **Jobs reported:** 71
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*