# PPP loan: BEACH CHEMICAL AND PAPER CO
> **$219K** approved 04/10/2020 · Paid in Full · Loan `1705087110`
## Borrower
- **Name:** BEACH CHEMICAL AND PAPER CO
- **Address:** 1356 London Bridge Road, VIRGINIA BEACH, VA, 23453-3106
- **NAICS:** 423850
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $219K
- **Initial approval:** $219K
- **Forgiven:** $221K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $219K
- **Jobs reported:** 23
## 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*