# PPP loan: THE LAUGHING SEED INC.
> **$527K** approved 01/27/2021 · Paid in Full · Loan `6510068310`
## Borrower
- **Name:** THE LAUGHING SEED INC.
- **Address:** 40 Wall St, Asheville, NC, 28801-2710
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $527K
- **Initial approval:** $527K
- **Forgiven:** $533K (101%)
- **Forgiveness date:** 05/11/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $527K
- **Utilities:** $1
- **Jobs reported:** 57
## Lender
- **Originating:** First-Citizens Bank & Trust Company
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*