# PPP loan: CAVALIER MINERAL, INC.
> **$180K** approved 04/28/2020 · Paid in Full · Loan `6770257210`
## Borrower
- **Name:** CAVALIER MINERAL, INC.
- **Address:** PO Box 1200, Vansant, VA, 24656-1200
- **NAICS:** 212112
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $180K
- **Initial approval:** $180K
- **Forgiven:** $182K (101%)
- **Forgiveness date:** 03/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $144K
- **Rent:** $20K
- **Utilities:** $16K
- **Jobs reported:** 19
## Lender
- **Originating:** First Sentinel Bank
- **Servicing:** First Sentinel Bank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*