# PPP loan: YOUNG'S TRUCK CENTER
> **$2.14M** approved 04/07/2020 · Paid in Full · Loan `7239337003`
## Borrower
- **Name:** YOUNG'S TRUCK CENTER
- **Address:** 3880 Jeff Adams Drive, CHARLOTTE, NC, 28206-1259
- **NAICS:** 423110
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $2.14M
- **Initial approval:** $2.14M
- **Forgiven:** $2.16M (101%)
- **Forgiveness date:** 05/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.14M
- **Jobs reported:** 160
## 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*