# PPP loan: SILVER TREE SERVICES LLC
> **$225K** approved 05/02/2020 · Charged Off · Loan `9482827301`
## Borrower
- **Name:** SILVER TREE SERVICES LLC
- **Address:** 11221 BAYBERRY HILLS DR, RALEIGH, NC, 27617-7919
- **NAICS:** 519190
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $225K
- **Initial approval:** $225K
- **Forgiven:** $4K (2%)
- **Forgiveness date:** 03/02/2022
- **Status:** Charged Off
- **Term:** 24 months
## Use of funds
- **Payroll:** $225K
- **Jobs reported:** 12
## Lender
- **Originating:** Wells Fargo Bank, National Association
- **Servicing:** Wells Fargo Bank, National Association (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*