# PPP loan: T DISTRIBUTION OF NC INC.
> **$180K** approved 01/25/2021 · Paid in Full · Loan `5784548304`
## Borrower
- **Name:** T DISTRIBUTION OF NC INC.
- **Address:** 801 N Green St, Morganton, NC, 28655-5611
- **NAICS:** 423990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $180K
- **Initial approval:** $180K
- **Forgiven:** $182K (101%)
- **Forgiveness date:** 06/02/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $180K
- **Utilities:** $1
- **Jobs reported:** 28
## Lender
- **Originating:** ServisFirst Bank
- **Servicing:** ServisFirst Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*