# PPP loan: VIRGINIA STEEL & BLDG SPEC. INC.
> **$154K** approved 03/10/2021 · Paid in Full · Loan `8664488505`
## Borrower
- **Name:** VIRGINIA STEEL & BLDG SPEC. INC.
- **Address:** 713 Jefferson St, Lynchburg, VA, 24504-1409
- **NAICS:** 531110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $154K
- **Initial approval:** $154K
- **Forgiven:** $155K (101%)
- **Forgiveness date:** 11/19/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $154K
- **Utilities:** $1
- **Jobs reported:** 10
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*