# PPP loan: YATES MOBILE SERVICES CORP.
> **$239K** approved 04/09/2020 · Paid in Full · Loan `8951367010`
## Borrower
- **Name:** YATES MOBILE SERVICES CORP.
- **Address:** 5940 U S HIGHWAY 29, BLAIRS, VA, 24527-2524
- **NAICS:** 321991
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $239K
- **Initial approval:** $239K
- **Forgiven:** $240K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $191K
- **Rent:** $40K
- **Utilities:** $8K
- **Jobs reported:** 20
## Lender
- **Originating:** First National Bank
- **Servicing:** First National Bank (VA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*