# PPP loan: FAMILY FOODS OF GATESVILLE, INC.
> **$169K** approved 04/06/2020 · Paid in Full · Loan `5741857002`
## Borrower
- **Name:** FAMILY FOODS OF GATESVILLE, INC.
- **Address:** 947 NC HWY 37 N, GATES, NC, 27937-9776
- **NAICS:** 445110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $169K
- **Initial approval:** $182K
- **Forgiven:** $170K (101%)
- **Forgiveness date:** 12/31/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $169K
- **Jobs reported:** 21
## Lender
- **Originating:** Southern Bank and Trust Company
- **Servicing:** Southern Bank and Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*