# PPP loan: HIGGERSON CONTRACTORS, INC.
> **$198K** approved 04/14/2020 · Paid in Full · Loan `6547027110`
## Borrower
- **Name:** HIGGERSON CONTRACTORS, INC.
- **Address:** 1317 Cavalier Blvd, CHESAPEAKE, VA, 23323
- **NAICS:** 238910
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $198K
- **Initial approval:** $198K
- **Forgiven:** $199K (101%)
- **Forgiveness date:** 01/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $198K
- **Jobs reported:** 13
## Lender
- **Originating:** TowneBank
- **Servicing:** TowneBank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*