# PPP loan: MOORE PAINT AND WALLPAPER CO. INC
> **$157K** approved 04/07/2020 · Paid in Full · Loan `6902597003`
## Borrower
- **Name:** MOORE PAINT AND WALLPAPER CO. INC
- **Address:** 4321 Meadowbrook Rd, Rocky Mount, NC, 27801-9713
- **NAICS:** 238320
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $157K
- **Initial approval:** $172K
- **Forgiven:** $158K (101%)
- **Forgiveness date:** 02/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $125K
- **Rent:** $8K
- **Utilities:** $22K
- **Debt interest:** $1K
- **Jobs reported:** 15
## Lender
- **Originating:** Southern Bank and Trust Company
- **Servicing:** Southern Bank and Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*