# PPP loan: R FRALIN CONSTRUCTION INC
> **$234K** approved 04/09/2020 · Paid in Full · Loan `1041287107`
## Borrower
- **Name:** R FRALIN CONSTRUCTION INC
- **Address:** PO Box 20886, ROANOKE, VA, 24018
- **NAICS:** 236220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $234K
- **Initial approval:** $234K
- **Forgiven:** $236K (101%)
- **Forgiveness date:** 12/30/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $187K
- **Mortgage interest:** $42K
- **Utilities:** $5K
- **Jobs reported:** 25
## Lender
- **Originating:** Atlantic Union Bank
- **Servicing:** Atlantic Union Bank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*