# PPP loan: VIRGINIA ELECTRIC SUPPLY INC
> **$165K** approved 04/12/2020 · Paid in Full · Loan `3870907110`
## Borrower
- **Name:** VIRGINIA ELECTRIC SUPPLY INC
- **Address:** 1012 West Main Street, ABINGDON, VA, 24210-4744
- **NAICS:** 444190
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $165K
- **Initial approval:** $165K
- **Forgiven:** $166K (101%)
- **Forgiveness date:** 04/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $165K
- **Jobs reported:** 15
## Lender
- **Originating:** Citizens Bank
- **Servicing:** Citizens Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*