# PPP loan: UNITED TOOL & STAMPING COMPANY OF NORTH CAROLINA INC
> **$511K** approved 05/14/2020 · Paid in Full · Loan `6240237403`
## Borrower
- **Name:** UNITED TOOL & STAMPING COMPANY OF NORTH CAROLINA INC
- **Address:** 2817 ENTERPRISE AVE, FAYETTEVILLE, NC, 28306-2004
- **NAICS:** 332119
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $511K
- **Initial approval:** $511K
- **Forgiven:** $517K (101%)
- **Forgiveness date:** 08/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $511K
- **Jobs reported:** 40
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*