# PPP loan: SDC CONTRACTING, INC
> **$233K** approved 04/14/2020 · Paid in Full · Loan `6404067103`
## Borrower
- **Name:** SDC CONTRACTING, INC
- **Address:** 2404 CASTLETON COMMERCE WAY, VIRGINIA BEACH, VA, 23456-5501
- **NAICS:** 236210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $233K
- **Initial approval:** $66K
- **Forgiven:** $235K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $226K
- **Rent:** $5K
- **Utilities:** $2K
- **Jobs reported:** 19
## 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*