# PPP loan: MICHAEL D. NEAL & ASSOCIATES, INC.
> **$205K** approved 04/14/2020 · Paid in Full · Loan `6009097101`
## Borrower
- **Name:** MICHAEL D. NEAL & ASSOCIATES, INC.
- **Address:** 1227 NC HIGHWAY 42, COLERAIN, NC, 27924-9052
- **NAICS:** 113110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $205K
- **Initial approval:** $205K
- **Forgiven:** $206K (101%)
- **Forgiveness date:** 03/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $205K
- **Jobs reported:** 19
## Lender
- **Originating:** Southern Bank and Trust Company
- **Servicing:** Southern Bank and Trust Company (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*