# PPP loan: ALDERMAN'S SAW SHOP, INC.
> **$453K** approved 04/07/2020 · Paid in Full · Loan `6911947003`
## Borrower
- **Name:** ALDERMAN'S SAW SHOP, INC.
- **Address:** 2008 Richmond Hill Rd, WARSAW, VA, 22572-3559
- **NAICS:** 811310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $453K
- **Initial approval:** $453K
- **Forgiven:** $456K (101%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $408K
- **Mortgage interest:** $23K
- **Utilities:** $23K
- **Jobs reported:** 46
## Lender
- **Originating:** Blue Ridge Bank National Association
- **Servicing:** Blue Ridge Bank, National Association (VA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*