# PPP loan: NATIONAL COACH WORKS, INC. OF VA
> **$436K** approved 04/15/2020 · Exemption 4 · Loan `8552077107`
## Borrower
- **Name:** NATIONAL COACH WORKS, INC. OF VA
- **Address:** 310 CENTRAL RD SUITE 7, FREDERICKSBURG, VA, 22401-7092
- **NAICS:** 485210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $436K
- **Initial approval:** $436K
- **Forgiven:** $170K (39%)
- **Forgiveness date:** 02/10/2021
- **Status:** Exemption 4
- **Term:** 59 months
## Use of funds
- **Payroll:** $436K
- **Jobs reported:** 25
## Lender
- **Originating:** Fidelity Deposit and Discount Bank
- **Servicing:** Fidelity Deposit and Discount Bank (PA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*