# PPP loan: LEASE A SALES REP LLC
> **$163K** approved 05/01/2020 · Charged Off · Loan `9113627305`
## Borrower
- **Name:** LEASE A SALES REP LLC
- **Address:** 117 FOREST EDGE DR, CARY, NC, 27518-2281
- **NAICS:** 561422
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $163K
- **Initial approval:** $163K
- **Forgiven:** $152K (94%)
- **Forgiveness date:** 10/06/2021
- **Status:** Charged Off
- **Term:** 60 months
## Use of funds
- **Payroll:** $163K
- **Jobs reported:** 10
## 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*