# PPP loan: CAPITAL ASSET MANAGEMENT, LLC
> **$424K** approved 04/14/2020 · Paid in Full · Loan `7890977104`
## Borrower
- **Name:** CAPITAL ASSET MANAGEMENT, LLC
- **Address:** 1425 E Cary St, RICHMOND, VA, 23219
- **NAICS:** 531390
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $424K
- **Initial approval:** $424K
- **Forgiven:** $429K (101%)
- **Forgiveness date:** 05/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $392K
- **Mortgage interest:** $5K
- **Health care:** $27K
- **Jobs reported:** 42
## 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*