# PPP loan: CRUZ ASSOCIATES, INC
> **$3.25M** approved 04/06/2020 · Paid in Full · Loan `6067527010`
## Borrower
- **Name:** CRUZ ASSOCIATES, INC
- **Address:** 6515 George Washington Highway Suite 209, POQUOSON, VA, 23662
- **NAICS:** 541618
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.25M
- **Initial approval:** $3.25M
- **Forgiven:** $3.30M (101%)
- **Forgiveness date:** 07/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.08M
- **Rent:** $26K
- **Utilities:** $5K
- **Health care:** $129K
- **Debt interest:** $15K
- **Jobs reported:** 204
## 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*