# PPP loan: THE FAISON CENTER, INC.
> **$2.75M** approved 04/11/2020 · Paid in Full · Loan `2727807107`
## Borrower
- **Name:** THE FAISON CENTER, INC.
- **Address:** 1701 Byrd Ave, RICHMOND, VA, 23230-3011
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.75M
- **Initial approval:** $2.75M
- **Forgiven:** $2.17M (79%)
- **Forgiveness date:** 07/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.75M
- **Jobs reported:** 340
## 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*