# PPP loan: SPIVEY RENTALS, INC
> **$1.03M** approved 04/13/2020 · Paid in Full · Loan `4721907100`
## Borrower
- **Name:** SPIVEY RENTALS, INC
- **Address:** 1630 W Pembroke Ave, HAMPTON, VA, 23661-1902
- **NAICS:** 562991
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.03M
- **Initial approval:** $1.03M
- **Forgiven:** $1.04M (101%)
- **Forgiveness date:** 05/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.03M
- **Jobs reported:** 115
## 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*