# PPP loan: POWERS & GREGORY INC
> **$185K** approved 04/06/2020 · Paid in Full · Loan `6202977009`
## Borrower
- **Name:** POWERS & GREGORY INC
- **Address:** 313 Thrush Lane, LUGOFF, SC, 29078-9060
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $185K
- **Initial approval:** $185K
- **Forgiven:** $187K (101%)
- **Forgiveness date:** 03/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $185K
- **Jobs reported:** 25
## Lender
- **Originating:** First Palmetto Bank
- **Servicing:** First Palmetto Bank (SC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*