# PPP loan: BEAVER CREEK FOODS, INC
> **$230K** approved 04/07/2020 · Paid in Full · Loan `7046527005`
## Borrower
- **Name:** BEAVER CREEK FOODS, INC
- **Address:** 439 Westwood Shopping Center, FAYETTEVILLE, NC, 28314-1532
- **NAICS:** 722513
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $230K
- **Initial approval:** $230K
- **Forgiven:** $232K (101%)
- **Forgiveness date:** 03/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $172K
- **Rent:** $40K
- **Utilities:** $17K
- **Jobs reported:** 120
## Lender
- **Originating:** First Bank
- **Servicing:** First Bank (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*