# PPP loan: FCNL EDUCATION FUND
> **$344K** approved 05/29/2020 · Paid in Full · Loan `5098757802`
## Borrower
- **Name:** FCNL EDUCATION FUND
- **Address:** 245  2ND ST NE, WASHINGTON, DC, 20002-5761
- **NAICS:** 813311
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $344K
- **Initial approval:** $344K
- **Forgiven:** $347K (101%)
- **Forgiveness date:** 02/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $344K
- **Jobs reported:** 53
## 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*