# PPP loan: PALMETTO GRADING AND DRAINAGE, INC
> **$519K** approved 06/03/2020 · Paid in Full · Loan `7359457804`
## Borrower
- **Name:** PALMETTO GRADING AND DRAINAGE, INC
- **Address:** 223 Northeast Drive, SPARTANBURG, SC, 29303-6617
- **NAICS:** 484110
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $519K
- **Initial approval:** $519K
- **Forgiven:** $524K (101%)
- **Forgiveness date:** 05/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $519K
- **Jobs reported:** 42
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*