# PPP loan: WRIGHT OF THOMASVILLE, INC
> **$2.20M** approved 04/08/2020 · Paid in Full · Loan `8563147001`
## Borrower
- **Name:** WRIGHT OF THOMASVILLE, INC
- **Address:** 5115 PROSPECT ST, THOMASVILLE, NC, 27360-8849
- **NAICS:** 323111
- **Business type:** Employee Stock Ownership Plan(ESOP)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.20M
- **Initial approval:** $2.20M
- **Forgiven:** $2.22M (101%)
- **Forgiveness date:** 07/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.20M
- **Jobs reported:** 203
## Lender
- **Originating:** Pinnacle Bank
- **Servicing:** Pinnacle Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*