# PPP loan: PALMERS CONTRACTING LLC
> **$245K** approved 04/16/2020 · Paid in Full · Loan `2829147209`
## Borrower
- **Name:** PALMERS CONTRACTING LLC
- **Address:** 400 Belle Aire Lane, Warrenton, VA, 20186
- **NAICS:** 236220
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $245K
- **Initial approval:** $245K
- **Forgiven:** $248K (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $216K
- **Rent:** $13K
- **Utilities:** $2K
- **Health care:** $14K
- **Jobs reported:** 9
## Lender
- **Originating:** Oak View National Bank
- **Servicing:** Oak View National Bank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*