# PPP loan: LIFE, INC.
> **$2.49M** approved 04/27/2020 · Paid in Full · Loan `5120007209`
## Borrower
- **Name:** LIFE, INC.
- **Address:** 2609 Royall Avenue, GOLDSBORO, NC, 27534
- **NAICS:** 921190
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.49M
- **Initial approval:** $2.49M
- **Forgiven:** $2.52M (101%)
- **Forgiveness date:** 06/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.87M
- **Mortgage interest:** $468K
- **Utilities:** $156K
- **Jobs reported:** 462
## Lender
- **Originating:** First Bank
- **Servicing:** First Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*