# PPP loan: MDASSOCIATES, INC
> **$262K** approved 04/08/2020 · Paid in Full · Loan `8763897008`
## Borrower
- **Name:** MDASSOCIATES, INC
- **Address:** 676 N MAIN ST, KILMARNOCK, VA, 22482-3822
- **NAICS:** 561110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $262K
- **Initial approval:** $262K
- **Forgiven:** $264K (101%)
- **Forgiveness date:** 12/21/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $221K
- **Rent:** $14K
- **Utilities:** $7K
- **Health care:** $19K
- **Debt interest:** $1K
- **Jobs reported:** 29
## Lender
- **Originating:** Blue Ridge Bank National Association
- **Servicing:** Blue Ridge Bank, National Association (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*