# PPP loan: STUDEBAKER SUBMETERING INC
> **$321K** approved 05/01/2020 · Paid in Full · Loan `9112457300`
## Borrower
- **Name:** STUDEBAKER SUBMETERING INC
- **Address:** 5350 SHAWNEE RD STE 103, ALEXANDRIA, VA, 22312-2318
- **NAICS:** 541219
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $321K
- **Initial approval:** $321K
- **Forgiven:** $322K (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $321K
- **Jobs reported:** 17
## 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*