# PPP loan: CHECKERED FLAG STORE #5 LLC
> **$1.20M** approved 02/04/2021 · Paid in Full · Loan `3014688403`
## Borrower
- **Name:** CHECKERED FLAG STORE #5 LLC
- **Address:** 5225 Virginia Beach Blvd, Virginia Beach, VA, 23462-1825
- **NAICS:** 423110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.20M
- **Initial approval:** $1.20M
- **Forgiven:** $1.21M (100%)
- **Forgiveness date:** 08/04/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.20M
- **Jobs reported:** 84
## 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*