# PPP loan: ATLANTIC SANDS INC
> **$348K** approved 02/24/2021 · Paid in Full · Loan `3608158503`
## Borrower
- **Name:** ATLANTIC SANDS INC
- **Address:** 1101 Atlantic Ave, Virginia Beach, VA, 23451-3503
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $348K
- **Initial approval:** $348K
- **Forgiven:** $353K (101%)
- **Forgiveness date:** 07/19/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $348K
- **Utilities:** $1
- **Jobs reported:** 46
## 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*