# PPP loan: TRAPP INDUSTRIAL SALES COMPANY
> **$157K** approved 01/28/2021 · Paid in Full · Loan `7762238303`
## Borrower
- **Name:** TRAPP INDUSTRIAL SALES COMPANY
- **Address:** 1030 Industrial Dr, Matthews, NC, 28105-5371
- **NAICS:** 425120
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $157K
- **Initial approval:** $157K
- **Forgiven:** $158K (101%)
- **Forgiveness date:** 11/05/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $157K
- **Jobs reported:** 7
## 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*