# PPP loan: CONRAD INDUSTRIES INC.
> **$904K** approved 04/08/2020 · Paid in Full · Loan `8720417004`
## Borrower
- **Name:** CONRAD INDUSTRIES INC.
- **Address:** 22 A-B Emblem Drive, WEAVERVILLE, NC, 28787-0258
- **NAICS:** 314999
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $904K
- **Initial approval:** $904K
- **Forgiven:** $900K (100%)
- **Forgiveness date:** 11/10/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $904K
- **Jobs reported:** 84
## 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*