# PPP loan: NEW SOUTH PIZZA INC.
> **$2.37M** approved 04/14/2020 · Paid in Full · Loan `7331667109`
## Borrower
- **Name:** NEW SOUTH PIZZA INC.
- **Address:** 1801 SCOTT AVE, CHARLOTTE, NC, 28203-6065
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.37M
- **Initial approval:** $2.59M
- **Forgiven:** $2.40M (101%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.37M
- **Jobs reported:** 485
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*