# PPP loan: SZOSTAK DESIGN INCORPORATED
> **$307K** approved 04/14/2020 · Paid in Full · Loan `6949827106`
## Borrower
- **Name:** SZOSTAK DESIGN INCORPORATED
- **Address:** 310 1-2 West FRANKLIN ST, CHAPEL HILL, NC, 27516-2521
- **NAICS:** 541310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $307K
- **Initial approval:** $307K
- **Forgiven:** $310K (101%)
- **Forgiveness date:** 02/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $307K
- **Jobs reported:** 20
## Lender
- **Originating:** United Bank
- **Servicing:** United Bank (VA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*