# PPP loan: EMA RESOURCES INC.
> **$245K** approved 04/22/2021 · Paid in Full · Loan `7629168808`
## Borrower
- **Name:** EMA RESOURCES INC.
- **Address:** 755 Yadkinville Rd, Mocksville, NC, 27028-2053
- **NAICS:** 111940
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $245K
- **Initial approval:** $245K
- **Forgiven:** $246K (100%)
- **Forgiveness date:** 10/04/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $245K
- **Jobs reported:** 29
## 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*