# PPP loan: EAST COAST APPLIANCE REPAIR SERVICE SALE
> **$806K** approved 04/06/2020 · Paid in Full · Loan `5846837003`
## Borrower
- **Name:** EAST COAST APPLIANCE REPAIR SERVICE SALE
- **Address:** 400 N Military Highway, NORFOLK, VA, 23502-5402
- **NAICS:** 453310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $806K
- **Initial approval:** $806K
- **Forgiven:** $814K (101%)
- **Forgiveness date:** 03/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $806K
- **Jobs reported:** 89
## 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*