# PPP loan: MICHAEL D. SIFEN, INC
> **$245K** approved 04/07/2020 · Paid in Full · Loan `7458217002`
## Borrower
- **Name:** MICHAEL D. SIFEN, INC
- **Address:** 2700 International Pkwy Suite 100, VIRGINIA BEACH, VA, 23452-7826
- **NAICS:** 236210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $245K
- **Initial approval:** $245K
- **Forgiven:** $247K (101%)
- **Forgiveness date:** 01/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $245K
- **Jobs reported:** 22
## Lender
- **Originating:** TowneBank
- **Servicing:** TowneBank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*