# PPP loan: SUMWALT ASSOCIATES INC.
> **$177K** approved 01/29/2021 · Paid in Full · Loan `8262038300`
## Borrower
- **Name:** SUMWALT ASSOCIATES INC.
- **Address:** 3800 Forest Dr Ste A101, Columbia, SC, 29204-4146
- **NAICS:** 236220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $177K
- **Initial approval:** $177K
- **Forgiven:** $178K (101%)
- **Forgiveness date:** 12/16/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $177K
- **Utilities:** $1
- **Jobs reported:** 14
## 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) · MORVS · CC0 1.0*