# PPP loan: TAYLOR'S 3 INC.
> **$174K** approved 02/26/2021 · Charged Off · Loan `5040608502`
## Borrower
- **Name:** TAYLOR'S 3 INC.
- **Address:** 105 Sugar Ln, Sneads Ferry, NC, 28460
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $174K
- **Initial approval:** $174K
- **Status:** Charged Off
- **Term:** 40 months
## Use of funds
- **Payroll:** $174K
- **Utilities:** $1
- **Jobs reported:** 12
## Lender
- **Originating:** First-Citizens Bank & Trust Company
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*