# PPP loan: CUSTOM HYDRAULICS DESIGN
> **$265K** approved 02/27/2021 · Paid in Full · Loan `5201968507`
## Borrower
- **Name:** CUSTOM HYDRAULICS DESIGN
- **Address:** 3822 Statesville Ave, Charlotte, NC, 28206-1013
- **NAICS:** 423830
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $265K
- **Initial approval:** $265K
- **Forgiven:** $267K (101%)
- **Forgiveness date:** 11/16/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $265K
- **Utilities:** $1
- **Jobs reported:** 18
## 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*