# PPP loan: CONTEMPORA FABRICS, INC.
> **$1.11M** approved 04/08/2020 · Paid in Full · Loan `7873777003`
## Borrower
- **Name:** CONTEMPORA FABRICS, INC.
- **Address:** 351 CONTEMPORA DR, LUMBERTON, NC, 28358-0445
- **NAICS:** 313210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.11M
- **Initial approval:** $1.11M
- **Forgiven:** $1.12M (101%)
- **Forgiveness date:** 02/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $835K
- **Rent:** $139K
- **Utilities:** $139K
- **Jobs reported:** 161
## Lender
- **Originating:** First Bank
- **Servicing:** First Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*