# PPP loan: SAW CONTRACTING INC.
> **$250K** approved 04/09/2020 · Paid in Full · Loan `8925317002`
## Borrower
- **Name:** SAW CONTRACTING INC.
- **Address:** 2876 Guardian Lane Suite 200, VIRGINIA BEACH, VA, 23452-7327
- **NAICS:** 236220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $250K
- **Initial approval:** $250K
- **Forgiven:** $251K (101%)
- **Forgiveness date:** 11/27/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $250K
- **Jobs reported:** 15
## Lender
- **Originating:** TowneBank
- **Servicing:** TowneBank (VA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*