# PPP loan: SYNCO PROPERTIES INC.
> **$1.06M** approved 04/13/2020 · Paid in Full · Loan `5099707103`
## Borrower
- **Name:** SYNCO PROPERTIES INC.
- **Address:** 6101 CARNEGIE BLVD, CHARLOTTE, NC, 28209-0034
- **NAICS:** 531311
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.06M
- **Initial approval:** $1.06M
- **Forgiven:** $1.07M (101%)
- **Forgiveness date:** 11/23/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $850K
- **Rent:** $60K
- **Health care:** $150K
- **Jobs reported:** 77
## Lender
- **Originating:** The Park National Bank
- **Servicing:** The Park National Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*