# PPP loan: THE J127 EDUCATION FOUNDATION
> **$1.60M** approved 04/10/2020 · Paid in Full · Loan `1895157107`
## Borrower
- **Name:** THE J127 EDUCATION FOUNDATION
- **Address:** 9211 Arlington Blvd, FAIRFAX, VA, 22031-2501
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.60M
- **Initial approval:** $1.60M
- **Forgiven:** $1.61M (101%)
- **Forgiveness date:** 11/24/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.60M
- **Jobs reported:** 231
## 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*