# PPP loan: THE CATERING COMPANY OF CHAPEL HILL, INC.
> **$294K** approved 04/14/2020 · Exemption 4 · Loan `5921717101`
## Borrower
- **Name:** THE CATERING COMPANY OF CHAPEL HILL, INC.
- **Address:** 1322 FORDHAM BLVD, CHAPEL HILL, NC, 27514-5879
- **NAICS:** 722320
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $294K
- **Initial approval:** $294K
- **Forgiven:** $223K (76%)
- **Forgiveness date:** 06/14/2022
- **Status:** Exemption 4
- **Term:** 59 months
## Use of funds
- **Payroll:** $294K
- **Jobs reported:** 18
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*