# PPP loan: AMERICAN FIBER & FINISHING, INC.
> **$544K** approved 04/14/2020 · Paid in Full · Loan `5856747102`
## Borrower
- **Name:** AMERICAN FIBER & FINISHING, INC.
- **Address:** 225 north depot st, ALBEMARLE, NC, 28001-3914
- **NAICS:** 339113
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $544K
- **Initial approval:** $544K
- **Forgiven:** $548K (101%)
- **Forgiveness date:** 03/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $421K
- **Rent:** $50K
- **Utilities:** $63K
- **Health care:** $10K
- **Jobs reported:** 49
## Lender
- **Originating:** OneWest Bank, A Division of First-Citizens Bank and 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*