# PPP loan: ROLAND VAULTS, LTD.
> **$258K** approved 04/06/2020 · Paid in Full · Loan `6327017007`
## Borrower
- **Name:** ROLAND VAULTS, LTD.
- **Address:** 1159 Harmony Road, NORFOLK, VA, 23502-2356
- **NAICS:** 541618
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $258K
- **Initial approval:** $258K
- **Forgiven:** $260K (101%)
- **Forgiveness date:** 05/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $248K
- **Utilities:** $10K
- **Jobs reported:** 23
## Lender
- **Originating:** The Old Point National Bank of Phoebus
- **Servicing:** The Old Point National Bank of Phoebus (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*