# PPP loan: BMS DIRECT, INC
> **$650K** approved 04/09/2020 · Paid in Full · Loan `1024397103`
## Borrower
- **Name:** BMS DIRECT, INC
- **Address:** 37 Millrace Dr, LYNCHBURG, VA, 24502-4343
- **NAICS:** 561431
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $650K
- **Initial approval:** $650K
- **Forgiven:** $654K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $650K
- **Jobs reported:** 95
## Lender
- **Originating:** Bank of the James
- **Servicing:** Bank of the James (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*