# PPP loan: FIRST ATLANTIC RESTORATION
> **$865K** approved 04/09/2020 · Paid in Full · Loan `9300637009`
## Borrower
- **Name:** FIRST ATLANTIC RESTORATION
- **Address:** 414 S. PARLIAMENT DR, VIRGINIA BEACH, VA, 23462-6306
- **NAICS:** 236220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $865K
- **Initial approval:** $865K
- **Forgiven:** $873K (101%)
- **Forgiveness date:** 03/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $807K
- **Rent:** $51K
- **Utilities:** $6K
- **Jobs reported:** 40
## Lender
- **Originating:** The Old Point National Bank of Phoebus
- **Servicing:** The Old Point National Bank of Phoebus (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*