# PPP loan: SITE IMPROVEMENT ASSOCIATES, INC.
> **$186K** approved 04/07/2020 · Paid in Full · Loan `6507327003`
## Borrower
- **Name:** SITE IMPROVEMENT ASSOCIATES, INC.
- **Address:** 800 JUNIPER CRESCENT Suite A, CHESAPEAKE, VA, 23320-2627
- **NAICS:** 541330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $186K
- **Initial approval:** $186K
- **Forgiven:** $187K (101%)
- **Forgiveness date:** 12/31/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $148K
- **Rent:** $32K
- **Mortgage interest:** $3K
- **Utilities:** $4K
- **Jobs reported:** 17
## 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*