# PPP loan: NATIONAL RESTORATION INC.
> **$412K** approved 04/28/2020 · Paid in Full · Loan `1203347301`
## Borrower
- **Name:** NATIONAL RESTORATION INC.
- **Address:** 3450 East VIRGINIA BEACH BLVD, NORFOLK, VA, 23502-3123
- **NAICS:** 561740
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $412K
- **Initial approval:** $412K
- **Forgiven:** $416K (101%)
- **Forgiveness date:** 05/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $350K
- **Rent:** $23K
- **Health care:** $38K
- **Jobs reported:** 37
## Lender
- **Originating:** Locus Bank Inc
- **Servicing:** Locus Bank Inc (VA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*