# PPP loan: VANCE CONSTRUCTION COMPANY
> **$235K** approved 04/07/2020 · Paid in Full · Loan `6888687009`
## Borrower
- **Name:** VANCE CONSTRUCTION COMPANY
- **Address:** 4197 Raliegh Rd Suite C, HENDERSON, NC, 27537-7945
- **NAICS:** 236117
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $235K
- **Initial approval:** $235K
- **Forgiven:** $237K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $176K
- **Mortgage interest:** $29K
- **Utilities:** $29K
- **Jobs reported:** 24
## Lender
- **Originating:** Benchmark Community Bank
- **Servicing:** Benchmark Community Bank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*