# PPP loan: COBB & SCHEUCH INC
> **$259K** approved 01/23/2021 · Paid in Full · Loan `4394548304`
## Borrower
- **Name:** COBB & SCHEUCH INC
- **Address:** 15447 Warwick Blvd, Newport News, VA, 23608-1505
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $259K
- **Initial approval:** $259K
- **Forgiven:** $262K (101%)
- **Forgiveness date:** 04/19/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $259K
- **Utilities:** $1
- **Jobs reported:** 36
## 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*