# PPP loan: PANELING FACTORY LLC
> **$270K** approved 04/27/2020 · Paid in Full · Loan `4940327201`
## Borrower
- **Name:** PANELING FACTORY LLC
- **Address:** 5950 Poplar Hall Dr, Norfolk, VA, 23502
- **NAICS:** 423210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $270K
- **Initial approval:** $270K
- **Forgiven:** $272K (101%)
- **Forgiveness date:** 03/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $227K
- **Rent:** $16K
- **Utilities:** $5K
- **Health care:** $23K
- **Jobs reported:** 17
## 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*