# PPP loan: GRAY'S FAMILY DEPARTMENT STORE INC.
> **$192K** approved 03/01/2021 · Paid in Full · Loan `5534848504`
## Borrower
- **Name:** GRAY'S FAMILY DEPARTMENT STORE INC.
- **Address:** 3860 N Croatan Hwy, Kitty Hawk, NC, 27949-9210
- **NAICS:** 453998
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $192K
- **Initial approval:** $192K
- **Forgiven:** $193K (101%)
- **Forgiveness date:** 10/06/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $192K
- **Utilities:** $1
- **Jobs reported:** 14
## Lender
- **Originating:** TowneBank
- **Servicing:** TowneBank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*