# PPP loan: PIEDMONT POWER SPORTS LLC.
> **$224K** approved 04/29/2020 · Paid in Full · Loan `3125247309`
## Borrower
- **Name:** PIEDMONT POWER SPORTS LLC.
- **Address:** 12555 James Madison Highway, Orange, VA, 22960
- **NAICS:** 423820
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $224K
- **Initial approval:** $224K
- **Forgiven:** $226K (101%)
- **Forgiveness date:** 06/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $224K
- **Jobs reported:** 25
## Lender
- **Originating:** Atlantic Union Bank
- **Servicing:** Atlantic Union Bank (VA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*