# PPP loan: CHAVIS INC
> **$463K** approved 03/24/2021 · Exemption 4 · Loan `8348338602`
## Borrower
- **Name:** CHAVIS INC
- **Address:** 204 NC Highway 71 N 204 Nc Hwy 71 N, Maxton, NC, 28364-7786
- **NAICS:** 236220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $463K
- **Initial approval:** $463K
- **Forgiven:** $132K (29%)
- **Forgiveness date:** 06/22/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $463K
- **Jobs reported:** 30
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*