# PPP loan: MID-ATLANTIC BUSINESS COMMUNICATIONS INC.
> **$398K** approved 01/28/2021 · Paid in Full · Loan `7548748302`
## Borrower
- **Name:** MID-ATLANTIC BUSINESS COMMUNICATIONS INC.
- **Address:** 701 Port Centre Pkwy, Portsmouth, VA, 23704-5909
- **NAICS:** 517911
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $398K
- **Initial approval:** $398K
- **Forgiven:** $400K (101%)
- **Forgiveness date:** 08/06/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $398K
- **Jobs reported:** 30
## 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*