# PPP loan: UNITED CONTRACTING GROUP INC
> **$194K** approved 04/08/2020 · Paid in Full · Loan `8207377004`
## Borrower
- **Name:** UNITED CONTRACTING GROUP INC
- **Address:** 7480 WATERSIDE LOOP RD, DENVER, NC, 28037-7593
- **NAICS:** 236115
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $194K
- **Initial approval:** $194K
- **Forgiven:** $195K (101%)
- **Forgiveness date:** 04/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $194K
- **Jobs reported:** 17
## Lender
- **Originating:** Peoples Bank
- **Servicing:** Peoples Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*