# PPP loan: CORILAM FABRICATING CO. INC
> **$268K** approved 04/02/2021 · Paid in Full · Loan `5022538708`
## Borrower
- **Name:** CORILAM FABRICATING CO. INC
- **Address:** 5211 Macy Grove Rd, Kernersville, NC, 27284-0204
- **NAICS:** 337127
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $268K
- **Initial approval:** $268K
- **Forgiven:** $269K (101%)
- **Forgiveness date:** 10/06/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $268K
- **Utilities:** $1
- **Jobs reported:** 30
## 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*