# PPP loan: 12 W OGLETHORPE INC
> **$468K** approved 04/08/2020 · Paid in Full · Loan `7862347008`
## Borrower
- **Name:** 12 W OGLETHORPE INC
- **Address:** 155 East BAY ST, CHARLESTON, SC, 29401-2124
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $468K
- **Initial approval:** $468K
- **Forgiven:** $432K (92%)
- **Forgiveness date:** 07/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $468K
- **Jobs reported:** 58
## Lender
- **Originating:** The Commercial Bank
- **Servicing:** The Commercial Bank (GA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*