# PPP loan: OMER G FERRELL & SON GRADING INC
> **$169K** approved 04/07/2020 · Paid in Full · Loan `7122367008`
## Borrower
- **Name:** OMER G FERRELL & SON GRADING INC
- **Address:** 1600 MORRISVILLE CARPENTER RD, CARY, NC, 27519-8633
- **NAICS:** 531390
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $169K
- **Initial approval:** $169K
- **Forgiven:** $171K (101%)
- **Forgiveness date:** 06/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $169K
- **Jobs reported:** 12
## Lender
- **Originating:** The Fidelity Bank
- **Servicing:** The Fidelity Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*