# PPP loan: BUCHANAN & EDWARDS INC
> **$1.78M** approved 04/09/2020 · Paid in Full · Loan `1068857101`
## Borrower
- **Name:** BUCHANAN & EDWARDS INC
- **Address:** 1700 N. Moore St. Suite 2110, ARLINGTON, VA, 22209-1901
- **NAICS:** 541511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.78M
- **Initial approval:** $7.70M
- **Forgiven:** $1.80M (101%)
- **Forgiveness date:** 06/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.78M
- **Jobs reported:** 280
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*