# PPP loan: TIMMONS GROUP, INC.
> **$10.00M** approved 04/11/2020 · Paid in Full · Loan `2952437110`
## Borrower
- **Name:** TIMMONS GROUP, INC.
- **Address:** 1001 Boulders Parkway Ste 300, RICHMOND, VA, 23225-5505
- **NAICS:** 541330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $10.00M
- **Initial approval:** $10.00M
- **Forgiven:** $10.12M (101%)
- **Forgiveness date:** 07/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $10.00M
- **Jobs reported:** 500
## 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*