# PPP loan: FLORAMARK INC.
> **$198K** approved 03/23/2021 · Paid in Full · Loan `7202228607`
## Borrower
- **Name:** FLORAMARK INC.
- **Address:** 4415 Castle Hayne Rd, Castle Hayne, NC, 28429-5215
- **NAICS:** 111422
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $198K
- **Initial approval:** $198K
- **Forgiven:** $199K (101%)
- **Forgiveness date:** 10/06/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $197K
- **Utilities:** $1
- **Jobs reported:** 29
## 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*