# PPP loan: ARRIETA CONSTRUCTION INC.
> **$278K** approved 02/20/2021 · Paid in Full · Loan `2412748507`
## Borrower
- **Name:** ARRIETA CONSTRUCTION INC.
- **Address:** 2863 George Washington Memorial Hwy, Hayes, VA, 23072-3401
- **NAICS:** 238390
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $278K
- **Initial approval:** $278K
- **Forgiven:** $280K (101%)
- **Forgiveness date:** 11/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $278K
- **Jobs reported:** 16
## 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*