# PPP loan: STUDIO CENTER CORPORATION
> **$770K** approved 04/09/2020 · Paid in Full · Loan `1097137107`
## Borrower
- **Name:** STUDIO CENTER CORPORATION
- **Address:** 161 Business Park Drive, VIRGINIA BEACH, VA, 23462
- **NAICS:** 541430
- **Business type:** Limited Liability Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $770K
- **Initial approval:** $975K
- **Forgiven:** $776K (101%)
- **Forgiveness date:** 01/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $770K
- **Jobs reported:** 41
## Lender
- **Originating:** TowneBank
- **Servicing:** TowneBank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*