# PPP loan: SOUND HEAVY MACHINERY, INC.
> **$206K** approved 04/09/2020 · Paid in Full · Loan `9796067007`
## Borrower
- **Name:** SOUND HEAVY MACHINERY, INC.
- **Address:** 1809 Blue Clay Road, WILMINGTON, NC, 28405-8058
- **NAICS:** 423830
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $206K
- **Initial approval:** $206K
- **Forgiven:** $208K (101%)
- **Forgiveness date:** 05/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $206K
- **Jobs reported:** 15
## Lender
- **Originating:** First Bank
- **Servicing:** First Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*