# PPP loan: BANK DESIGN AND EQUIPMENT INC.
> **$604K** approved 02/24/2021 · Paid in Full · Loan `3537858503`
## Borrower
- **Name:** BANK DESIGN AND EQUIPMENT INC.
- **Address:** 1401 Hopeman Parkway 1401 Hopeman Parkway, Waynesboro, VA, 22980
- **NAICS:** 423440
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $604K
- **Initial approval:** $604K
- **Forgiven:** $608K (101%)
- **Forgiveness date:** 10/06/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $604K
- **Jobs reported:** 36
## 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*