# PPP loan: VIRGINIA - CAROLINA STEEL INC
> **$176K** approved 04/07/2020 · Paid in Full · Loan `6782017009`
## Borrower
- **Name:** VIRGINIA - CAROLINA STEEL INC
- **Address:** 2411 Ingleside Rd, NORFOLK, VA, 23513-4525
- **NAICS:** 332312
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $176K
- **Initial approval:** $176K
- **Forgiven:** $177K (101%)
- **Forgiveness date:** 11/12/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $176K
- **Jobs reported:** 14
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*