# PPP loan: DESIGN ASSISTANCE CONSTRUCTION SYSTEMS, INC
> **$502K** approved 04/27/2020 · Paid in Full · Loan `4599687210`
## Borrower
- **Name:** DESIGN ASSISTANCE CONSTRUCTION SYSTEMS, INC
- **Address:** 900 Port Center Parkway, Portsmouth, VA, 23704
- **NAICS:** 423390
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $502K
- **Initial approval:** $502K
- **Forgiven:** $504K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $357K
- **Rent:** $70K
- **Utilities:** $10K
- **Health care:** $65K
- **Jobs reported:** 31
## Lender
- **Originating:** Blue Ridge Bank, National Association
- **Servicing:** Blue Ridge Bank, National Association (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*