# PPP loan: BARKHOUSER MOTORS INC
> **$377K** approved 04/11/2020 · Paid in Full · Loan `3205177105`
## Borrower
- **Name:** BARKHOUSER MOTORS INC
- **Address:** 3604 Riverside Drive, DANVILLE, VA, 24541-4636
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $377K
- **Initial approval:** $377K
- **Forgiven:** $379K (101%)
- **Forgiveness date:** 12/15/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $315K
- **Rent:** $12K
- **Utilities:** $2K
- **Health care:** $39K
- **Debt interest:** $9K
- **Jobs reported:** 33
## Lender
- **Originating:** Atlantic Union Bank
- **Servicing:** Atlantic Union Bank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*