# PPP loan: T5 NC OPERATIONS, LLC
> **$206K** approved 04/28/2020 · Paid in Full · Loan `8067527205`
## Borrower
- **Name:** T5 NC OPERATIONS, LLC
- **Address:** 106 Foster Avenue, Charlotte, NC, 28203
- **NAICS:** 811111
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $206K
- **Initial approval:** $206K
- **Forgiven:** $208K (101%)
- **Forgiveness date:** 07/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $160K
- **Rent:** $41K
- **Utilities:** $5K
- **Jobs reported:** 50
## Lender
- **Originating:** First Reliance Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*