# PPP loan: SOUTHEAST AMALGAMATED INC.
> **$348K** approved 01/27/2021 · Paid in Full · Loan `6819608304`
## Borrower
- **Name:** SOUTHEAST AMALGAMATED INC.
- **Address:** 2271 Asheville Rd, Waynesville, NC, 28786-3134
- **NAICS:** 484230
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $348K
- **Initial approval:** $348K
- **Forgiven:** $350K (101%)
- **Forgiveness date:** 10/25/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $347K
- **Utilities:** $1
- **Jobs reported:** 25
## 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*