# PPP loan: POSSIE B. CHENAULT, INC.
> **$347K** approved 04/14/2020 · Paid in Full · Loan `7675037101`
## Borrower
- **Name:** POSSIE B. CHENAULT, INC.
- **Address:** 583 River Bend Drive, Bumpass, VA, 23024
- **NAICS:** 237990
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $347K
- **Initial approval:** $347K
- **Forgiven:** $349K (101%)
- **Forgiveness date:** 12/23/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $347K
- **Jobs reported:** 25
## Lender
- **Originating:** Atlantic Union Bank
- **Servicing:** Atlantic Union Bank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*