# PPP loan: RESOURCE CONTRACTING LLC
> **$471K** approved 02/02/2021 · Paid in Full · Loan `1795488405`
## Borrower
- **Name:** RESOURCE CONTRACTING LLC
- **Address:** 3250 Elmhurst Ln, Portsmouth, VA, 23701-2645
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $471K
- **Initial approval:** $471K
- **Forgiven:** $475K (101%)
- **Forgiveness date:** 12/09/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $471K
- **Utilities:** $1
- **Jobs reported:** 45
## Lender
- **Originating:** The Old Point National Bank of Phoebus
- **Servicing:** The Old Point National Bank of Phoebus (VA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*