# PPP loan: PELICAN 11 LLC
> **$260K** approved 04/30/2020 · Paid in Full · Loan `5737257301`
## Borrower
- **Name:** PELICAN 11 LLC
- **Address:** 1241 WOODLAND AVE, MOUNT PLEASANT, SC, 29464-3288
- **NAICS:** 621111
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $260K
- **Initial approval:** $260K
- **Forgiven:** $262K (101%)
- **Forgiveness date:** 02/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $260K
- **Jobs reported:** 32
## 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*