# PPP loan: MAIDA DEVELOPMENT COMPANY
> **$295K** approved 04/27/2020 · Paid in Full · Loan `3892947210`
## Borrower
- **Name:** MAIDA DEVELOPMENT COMPANY
- **Address:** 201 s mallory st, Hampton, VA, 23663
- **NAICS:** 335999
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $295K
- **Initial approval:** $295K
- **Forgiven:** $298K (101%)
- **Forgiveness date:** 03/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $295K
- **Jobs reported:** 23
## Lender
- **Originating:** The Old Point National Bank of Phoebus
- **Servicing:** The Old Point National Bank of Phoebus (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*