# PPP loan: FOIL'S INCORPORATED
> **$451K** approved 03/12/2021 · Paid in Full · Loan `9169908508`
## Borrower
- **Name:** FOIL'S INCORPORATED
- **Address:** 2283 NC Highway 49 S 2283 Nc Hwy 49, Harrisburg, NC, 28075-7549
- **NAICS:** 423930
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $451K
- **Initial approval:** $451K
- **Forgiven:** $456K (101%)
- **Forgiveness date:** 05/12/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $451K
- **Utilities:** $1
- **Jobs reported:** 47
## Lender
- **Originating:** Farmers and Merchants Bank
- **Servicing:** Farmers and Merchants Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*