# PPP loan: 1960 CHAIN BRIDGE ROAD LLC
> **$979K** approved 03/18/2021 · Exemption 4 · Loan `4509858609`
## Borrower
- **Name:** 1960 CHAIN BRIDGE ROAD LLC
- **Address:** 1960 Chain Bridge Rd, Mc Lean, VA, 22102-4001
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $979K
- **Initial approval:** $979K
- **Forgiven:** $436K (45%)
- **Forgiveness date:** 05/17/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $979K
- **Utilities:** $1
- **Jobs reported:** 75
## Lender
- **Originating:** Old Dominion National Bank
- **Servicing:** Old Dominion National Bank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*