# PPP loan: VIRGINIA DRYWALL INC.
> **$461K** approved 02/24/2021 · Paid in Full · Loan `3969258504`
## Borrower
- **Name:** VIRGINIA DRYWALL INC.
- **Address:** 1431 Air Rail Ave Ste B, Virginia Beach, VA, 23455-3000
- **NAICS:** 238310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $461K
- **Initial approval:** $461K
- **Forgiven:** $463K (100%)
- **Forgiveness date:** 06/30/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $461K
- **Utilities:** $1
- **Jobs reported:** 47
## 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*