# PPP loan: RANDOLPH-MACON ACADEMY
> **$1.29M** approved 04/10/2020 · Paid in Full · Loan `2587767105`
## Borrower
- **Name:** RANDOLPH-MACON ACADEMY
- **Address:** 200 ACADEMY DR, FRONT ROYAL, VA, 22630-2601
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.29M
- **Initial approval:** $1.29M
- **Forgiven:** $1.30M (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.29M
- **Jobs reported:** 115
## Lender
- **Originating:** Shore United Bank, National Association
- **Servicing:** Shore United Bank, National Association (MD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*