# PPP loan: SAUNDERS CONTRACTING SERVICES, INC.
> **$213K** approved 04/07/2020 · Paid in Full · Loan `6508667002`
## Borrower
- **Name:** SAUNDERS CONTRACTING SERVICES, INC.
- **Address:** 210 CHALLENGER WAY, HAMPTON, VA, 23666-1366
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $213K
- **Initial approval:** $213K
- **Forgiven:** $215K (101%)
- **Forgiveness date:** 04/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $203K
- **Rent:** $5K
- **Utilities:** $5K
- **Jobs reported:** 18
## 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*