# PPP loan: TIMOTHY D. WELBORN P.A.
> **$219K** approved 04/28/2020 · Paid in Full · Loan `9070717209`
## Borrower
- **Name:** TIMOTHY D. WELBORN P.A.
- **Address:** 101 E. North St., WILKESBORO, NC, 28697-2421
- **NAICS:** 541110
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $219K
- **Initial approval:** $219K
- **Forgiven:** $220K (101%)
- **Forgiveness date:** 02/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $219K
- **Jobs reported:** 18
## 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*