# PPP loan: FIRST ATLANTIC RESTORATION INC
> **$783K** approved 02/18/2021 · Paid in Full · Loan `1072018509`
## Borrower
- **Name:** FIRST ATLANTIC RESTORATION INC
- **Address:** 414 S Parliament Dr, Virginia Beach, VA, 23462-6306
- **NAICS:** 238990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $783K
- **Initial approval:** $783K
- **Forgiven:** $789K (101%)
- **Forgiveness date:** 11/10/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $783K
- **Utilities:** $1
- **Jobs reported:** 68
## Lender
- **Originating:** The Old Point National Bank of Phoebus
- **Servicing:** The Old Point National Bank of Phoebus (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*