# PPP loan: ATLANTIC DERMATOLOGY ASSOCIATES PC
> **$562K** approved 04/06/2020 · Paid in Full · Loan `6101887007`
## Borrower
- **Name:** ATLANTIC DERMATOLOGY ASSOCIATES PC
- **Address:** 1101 FIRST COLONIAL RD, VIRGINIA BEACH, VA, 23454-2402
- **NAICS:** 621111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $562K
- **Initial approval:** $562K
- **Forgiven:** $568K (101%)
- **Forgiveness date:** 03/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $482K
- **Rent:** $54K
- **Utilities:** $7K
- **Health care:** $20K
- **Jobs reported:** 37
## Lender
- **Originating:** Southern Bank and Trust Company
- **Servicing:** Southern Bank and Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*