# PPP loan: WARP DEVELOPMENT CORP.
> **$447K** approved 04/28/2020 · Paid in Full · Loan `7099587201`
## Borrower
- **Name:** WARP DEVELOPMENT CORP.
- **Address:** P.O. Box 3379, Monroe, NC, 28111-3379
- **NAICS:** 313110
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $447K
- **Initial approval:** $447K
- **Forgiven:** $451K (101%)
- **Forgiveness date:** 02/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $447K
- **Jobs reported:** 57
## 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*