# PPP loan: VIRGINIA ABRASIVES CORPORATION
> **$811K** approved 04/15/2020 · Paid in Full · Loan `9159467104`
## Borrower
- **Name:** VIRGINIA ABRASIVES CORPORATION
- **Address:** 2851 SERVICE RD, PETERSBURG, VA, 23805-9347
- **NAICS:** 333243
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $811K
- **Initial approval:** $811K
- **Forgiven:** $818K (101%)
- **Forgiveness date:** 02/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $811K
- **Jobs reported:** 44
## Lender
- **Originating:** Cadence Bank
- **Servicing:** Cadence Bank (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*