# PPP loan: FOSS DEMOLITION, INC.
> **$774K** approved 04/09/2020 · Paid in Full · Loan `9874557008`
## Borrower
- **Name:** FOSS DEMOLITION, INC.
- **Address:** 7037 Hwy 70 West, LA GRANGE, NC, 28551
- **NAICS:** 238910
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $774K
- **Initial approval:** $774K
- **Forgiven:** $778K (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $774K
- **Jobs reported:** 62
## 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*