# PPP loan: SERMAT CONSTRUCTION SERVICES INC.
> **$184K** approved 04/29/2020 · Paid in Full · Loan `3237757303`
## Borrower
- **Name:** SERMAT CONSTRUCTION SERVICES INC.
- **Address:** 2419 Westwood Ave, Richmond, VA, 23230
- **NAICS:** 238990
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $184K
- **Initial approval:** $184K
- **Forgiven:** $187K (101%)
- **Forgiveness date:** 07/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $184K
- **Jobs reported:** 22
## Lender
- **Originating:** First-Citizens Bank & Trust Company
- **Servicing:** First-Citizens Bank & Trust Company (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*