# PPP loan: CDIS INC
> **$847K** approved 04/09/2020 · Paid in Full · Loan `8999327008`
## Borrower
- **Name:** CDIS INC
- **Address:** 409 INDUSTRY DR, HAMPTON, VA, 23661-1312
- **NAICS:** 517919
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $847K
- **Initial approval:** $847K
- **Forgiven:** $853K (101%)
- **Forgiveness date:** 01/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $804K
- **Rent:** $36K
- **Utilities:** $8K
- **Jobs reported:** 86
## Lender
- **Originating:** The Old Point National Bank of Phoebus
- **Servicing:** The Old Point National Bank of Phoebus (VA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*