# PPP loan: AVERETT UNIVERSITY OF DANVILLE VIRGINIA
> **$3.19M** approved 04/12/2020 · Paid in Full · Loan `3843027100`
## Borrower
- **Name:** AVERETT UNIVERSITY OF DANVILLE VIRGINIA
- **Address:** 420 W Main St, DANVILLE, VA, 24541-3612
- **NAICS:** 611310
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.19M
- **Initial approval:** $3.19M
- **Forgiven:** $3.24M (102%)
- **Forgiveness date:** 01/24/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.19M
- **Jobs reported:** 486
## Lender
- **Originating:** Atlantic Union Bank
- **Servicing:** Atlantic Union Bank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*