# PPP loan: DUOTECH SERVICES INC.
> **$492K** approved 04/23/2021 · Paid in Full · Loan `9265508800`
## Borrower
- **Name:** DUOTECH SERVICES INC.
- **Address:** 245 Industrial Park Rd, Franklin, NC, 28734-7920
- **NAICS:** 811213
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $492K
- **Initial approval:** $492K
- **Forgiven:** $494K (101%)
- **Forgiveness date:** 11/08/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $491K
- **Utilities:** $1
- **Jobs reported:** 32
## 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*