# PPP loan: LMB OF TIDEWATER, INC.
> **$438K** approved 04/11/2020 · Paid in Full · Loan `2980837109`
## Borrower
- **Name:** LMB OF TIDEWATER, INC.
- **Address:** 301 54th St, VIRGINIA BEACH, VA, 23451-2321
- **NAICS:** 621610
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $438K
- **Initial approval:** $438K
- **Forgiven:** $442K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $438K
- **Jobs reported:** 130
## 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*