# PPP loan: J.S. ARCHER COMPANY, INC.
> **$362K** approved 04/14/2020 · Paid in Full · Loan `6128577106`
## Borrower
- **Name:** J.S. ARCHER COMPANY, INC.
- **Address:** 10466 Dow-Gil Rd., ASHLAND, VA, 23005-7639
- **NAICS:** 238990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $362K
- **Initial approval:** $362K
- **Forgiven:** $366K (101%)
- **Forgiveness date:** 04/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $287K
- **Rent:** $31K
- **Health care:** $45K
- **Jobs reported:** 30
## 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*