# PPP loan: BOBCO, INC.
> **$563K** approved 04/28/2020 · Paid in Full · Loan `7748377209`
## Borrower
- **Name:** BOBCO, INC.
- **Address:** 1700 STARITA ROAD, Charlotte, NC, 28206
- **NAICS:** 444110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $563K
- **Initial approval:** $563K
- **Forgiven:** $570K (101%)
- **Forgiveness date:** 09/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $422K
- **Rent:** $84K
- **Health care:** $56K
- **Jobs reported:** 50
## Lender
- **Originating:** American Express National Bank
- **Servicing:** American Express National Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*