# PPP loan: MAGGARD SALES & SERVICE, INC.
> **$208K** approved 04/03/2020 · Paid in Full · Loan `4524927009`
## Borrower
- **Name:** MAGGARD SALES & SERVICE, INC.
- **Address:** 7915 South FORK RD, POUND, VA, 24279-5417
- **NAICS:** 423810
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $208K
- **Initial approval:** $208K
- **Forgiven:** $210K (101%)
- **Forgiveness date:** 01/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $208K
- **Jobs reported:** 16
## Lender
- **Originating:** The First Bank and Trust Company
- **Servicing:** The First Bank and Trust Company (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*