# PPP loan: MIDSTATE CONTRACTORS INC.
> **$452K** approved 04/14/2020 · Paid in Full · Loan `6533207104`
## Borrower
- **Name:** MIDSTATE CONTRACTORS INC.
- **Address:** 3245 US HIGHWAY 70, HICKORY, NC, 28602-5155
- **NAICS:** 236220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $452K
- **Initial approval:** $452K
- **Forgiven:** $455K (101%)
- **Forgiveness date:** 11/19/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $452K
- **Jobs reported:** 40
## Lender
- **Originating:** Piedmont Federal Savings Bank
- **Servicing:** Piedmont Federal Savings Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*