# PPP loan: LAWRENCE DISTRIBUTING COMPANY INC
> **$631K** approved 04/12/2020 · Paid in Full · Loan `4140277103`
## Borrower
- **Name:** LAWRENCE DISTRIBUTING COMPANY INC
- **Address:** PO Box 11090, DANVILLE, VA, 24543
- **NAICS:** 424810
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $631K
- **Initial approval:** $631K
- **Forgiven:** $636K (101%)
- **Forgiveness date:** 01/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $474K
- **Utilities:** $157K
- **Jobs reported:** 78
## Lender
- **Originating:** Atlantic Union Bank
- **Servicing:** Atlantic Union Bank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*