# PPP loan: ONEIL ENGINEERING SERVICES INC
> **$185K** approved 04/09/2020 · Paid in Full · Loan `8874687007`
## Borrower
- **Name:** ONEIL ENGINEERING SERVICES INC
- **Address:** 1480 Oakbridge Court, POWHATAN, VA, 23139-8054
- **NAICS:** 541330
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $185K
- **Initial approval:** $185K
- **Forgiven:** $186K (101%)
- **Forgiveness date:** 12/15/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $172K
- **Rent:** $13K
- **Jobs reported:** 10
## Lender
- **Originating:** New Horizon Bank, National Association
- **Servicing:** New Horizon Bank, National Association (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*