# PPP loan: DRAINAGE AND EROSION SOLUTIONS
> **$540K** approved 03/12/2021 · Paid in Full · Loan `9230958501`
## Borrower
- **Name:** DRAINAGE AND EROSION SOLUTIONS
- **Address:** 2754 Cameron Rd, Falls Church, VA, 22042-2015
- **NAICS:** 541330
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $540K
- **Initial approval:** $540K
- **Forgiven:** $545K (101%)
- **Forgiveness date:** 02/17/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $540K
- **Utilities:** $1
- **Jobs reported:** 66
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*