# PPP loan: FALCON ENGINEERING INC
> **$508K** approved 04/27/2020 · Paid in Full · Loan `5322257201`
## Borrower
- **Name:** FALCON ENGINEERING INC
- **Address:** 1210 Trinity Rd Ste 110, Cary, NC, 27513-6245
- **NAICS:** 541330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $508K
- **Initial approval:** $508K
- **Forgiven:** $512K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $508K
- **Jobs reported:** 34
## Lender
- **Originating:** Southern First Bank
- **Servicing:** Loan Source Incorporated (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*