# PPP loan: JEWELSMITH INC.
> **$244K** approved 04/21/2021 · Paid in Full · Loan `7017758807`
## Borrower
- **Name:** JEWELSMITH INC.
- **Address:** 2200 W Main St Ste A170, Durham, NC, 27705-1100
- **NAICS:** 448310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $244K
- **Initial approval:** $244K
- **Forgiven:** $246K (101%)
- **Forgiveness date:** 05/25/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $243K
- **Utilities:** $1
- **Jobs reported:** 15
## 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*