# PPP loan: VIRGINIA BUILDING SERVICES, INC.
> **$507K** approved 04/06/2020 · Paid in Full · Loan `6132077003`
## Borrower
- **Name:** VIRGINIA BUILDING SERVICES, INC.
- **Address:** 4865 HAYGOOD RD, VIRGINIA BEACH, VA, 23455-5319
- **NAICS:** 561720
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $507K
- **Initial approval:** $507K
- **Forgiven:** $510K (101%)
- **Forgiveness date:** 11/23/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $449K
- **Rent:** $20K
- **Utilities:** $5K
- **Health care:** $31K
- **Debt interest:** $1K
- **Jobs reported:** 174
## 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*