# PPP loan: THE BUDD GROUP
> **$10.00M** approved 05/13/2020 · Paid in Full · Loan `5935487410`
## Borrower
- **Name:** THE BUDD GROUP
- **Address:** 2325 S. STRATFORD RD, WINSTON SALEM, NC, 27103-6223
- **NAICS:** 561720
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $10.00M
- **Initial approval:** $10.00M
- **Forgiven:** $10.17M (102%)
- **Forgiveness date:** 01/12/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $10.00M
- **Jobs reported:** 500
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*