# PPP loan: HERMES ABRASIVES, LTD
> **$2.18M** approved 04/28/2020 · Paid in Full · Loan `6865097202`
## Borrower
- **Name:** HERMES ABRASIVES, LTD
- **Address:** 524 Viking Dr, Virginia Beach, VA, 23452-7316
- **NAICS:** 327910
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.18M
- **Initial approval:** $2.18M
- **Forgiven:** $2.21M (101%)
- **Forgiveness date:** 08/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.18M
- **Jobs reported:** 150
## Lender
- **Originating:** Legacy Bank
- **Servicing:** Legacy Bank (OK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*