# PPP loan: HAMPTON ROADS ECONOMIC DEVELOPMENT ALLIANCE
> **$176K** approved 04/09/2020 · Paid in Full · Loan `1060307106`
## Borrower
- **Name:** HAMPTON ROADS ECONOMIC DEVELOPMENT ALLIANCE
- **Address:** 500 E Main Street, NORFOLK, VA, 23510-2202
- **NAICS:** 926110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $176K
- **Initial approval:** $176K
- **Forgiven:** $177K (101%)
- **Forgiveness date:** 12/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $176K
- **Jobs reported:** 10
## 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*