# PPP loan: INTERSTATE BATTERY SYSTEMS OF ROANOKE VALLEY INC.
> **$181K** approved 04/28/2020 · Paid in Full · Loan `8380337203`
## Borrower
- **Name:** INTERSTATE BATTERY SYSTEMS OF ROANOKE VALLEY INC.
- **Address:** 3132 W Main St, SALEM, VA, 24153
- **NAICS:** 423120
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $181K
- **Initial approval:** $181K
- **Forgiven:** $182K (101%)
- **Forgiveness date:** 12/04/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $168K
- **Rent:** $8K
- **Utilities:** $5K
- **Jobs reported:** 15
## 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*