# PPP loan: VIRGINIA FOUNDATION SOLUTIONS
> **$447K** approved 04/10/2020 · Paid in Full · Loan `2051977100`
## Borrower
- **Name:** VIRGINIA FOUNDATION SOLUTIONS
- **Address:** 529 VIKING DR, VIRGINIA BEACH, VA, 23452-7306
- **NAICS:** 238110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $447K
- **Initial approval:** $447K
- **Forgiven:** $450K (101%)
- **Forgiveness date:** 11/23/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $353K
- **Mortgage interest:** $70K
- **Utilities:** $24K
- **Jobs reported:** 46
## Lender
- **Originating:** First Bank
- **Servicing:** First Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*