# PPP loan: EDC INC
> **$200K** approved 04/07/2020 · Paid in Full · Loan `6690677000`
## Borrower
- **Name:** EDC INC
- **Address:** 950 OLD WINSTON RD, KERNERSVILLE, NC, 27284
- **NAICS:** 423690
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $200K
- **Initial approval:** $200K
- **Forgiven:** $202K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $200K
- **Jobs reported:** 31
## Lender
- **Originating:** The Fidelity Bank
- **Servicing:** The Fidelity Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*