# PPP loan: UTILITY SERVICE AGENCY INC.
> **$420K** approved 04/30/2020 · Paid in Full · Loan `5043757304`
## Borrower
- **Name:** UTILITY SERVICE AGENCY INC.
- **Address:** PO Box 1169, Wake Forest, NC, 27588
- **NAICS:** 237110
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $420K
- **Initial approval:** $420K
- **Forgiven:** $425K (101%)
- **Forgiveness date:** 06/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $420K
- **Jobs reported:** 16
## 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*