# PPP loan: BAYSIDE CONCRETE INC.
> **$337K** approved 03/12/2021 · Paid in Full · Loan `9196598506`
## Borrower
- **Name:** BAYSIDE CONCRETE INC.
- **Address:** 409 Davis St, Virginia Beach, VA, 23462-5611
- **NAICS:** 238110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $337K
- **Initial approval:** $337K
- **Forgiven:** $339K (101%)
- **Forgiveness date:** 10/19/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $337K
- **Utilities:** $1
- **Jobs reported:** 24
## Lender
- **Originating:** TowneBank
- **Servicing:** TowneBank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*