# PPP loan: DERMATOLOGY GROUP OF THE CAROLINAS P.A.
> **$1.25M** approved 02/09/2021 · Paid in Full · Loan `5804688407`
## Borrower
- **Name:** DERMATOLOGY GROUP OF THE CAROLINAS P.A.
- **Address:** 335 Penny Ln, Concord, NC, 28025-1221
- **NAICS:** 621111
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.25M
- **Initial approval:** $1.25M
- **Forgiven:** $1.26M (101%)
- **Forgiveness date:** 03/08/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.25M
- **Utilities:** $1
- **Jobs reported:** 111
## Lender
- **Originating:** First-Citizens Bank & Trust Company
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*