# PPP loan: DERMATOLOGY GROUP OF THE CAROLINAS
> **$1.11M** approved 04/08/2020 · Paid in Full · Loan `8207877001`
## Borrower
- **Name:** DERMATOLOGY GROUP OF THE CAROLINAS
- **Address:** 335 Penny Lane, CONCORD, NC, 28025-1221
- **NAICS:** 621111
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $1.11M
- **Initial approval:** $1.11M
- **Forgiven:** $1.12M (101%)
- **Forgiveness date:** 07/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.11M
- **Jobs reported:** 92
## 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*