# PPP loan: PHOENIX CONSTRUCTION OF VIRGINIA LLC
> **$726K** approved 04/03/2020 · Paid in Full · Loan `4429737002`
## Borrower
- **Name:** PHOENIX CONSTRUCTION OF VIRGINIA LLC
- **Address:** P.O. Box 870, POUNDING MILL, VA, 24637-4055
- **NAICS:** 237120
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $726K
- **Initial approval:** $726K
- **Forgiven:** $730K (101%)
- **Forgiveness date:** 11/17/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $545K
- **Utilities:** $182K
- **Jobs reported:** 57
## Lender
- **Originating:** The National Bank of Blacksburg
- **Servicing:** The National Bank of Blacksburg (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*