# PPP loan: SANNIC, LLC
> **$439K** approved 04/15/2020 · Paid in Full · Loan `8944267104`
## Borrower
- **Name:** SANNIC, LLC
- **Address:** 6771 AL Philpott Hwy, Martinsville, VA, 24112
- **NAICS:** 441222
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $439K
- **Initial approval:** $439K
- **Forgiven:** $444K (101%)
- **Forgiveness date:** 06/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $328K
- **Rent:** $55K
- **Utilities:** $55K
- **Health care:** $2K
- **Jobs reported:** 56
## 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*