# PPP loan: ENGINEERING CONCEPTS INC
> **$150K** approved 01/30/2021 · Paid in Full · Loan `9500028309`
## Borrower
- **Name:** ENGINEERING CONCEPTS INC
- **Address:** 94 Greenfield St, Daleville, VA, 24083-2925
- **NAICS:** 541340
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $150K
- **Initial approval:** $150K
- **Forgiven:** $152K (102%)
- **Forgiveness date:** 08/16/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $150K
- **Utilities:** $1
- **Jobs reported:** 7
## Lender
- **Originating:** First Bank
- **Servicing:** First Bank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*