# PPP loan: PETERSBURG HOME FOR LADIES
> **$550K** approved 04/27/2020 · Paid in Full · Loan `5313867205`
## Borrower
- **Name:** PETERSBURG HOME FOR LADIES
- **Address:** 311 S Jefferson St, PETERSBURG, VA, 23803
- **NAICS:** 623312
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $550K
- **Initial approval:** $550K
- **Forgiven:** $553K (101%)
- **Forgiveness date:** 11/27/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $450K
- **Utilities:** $35K
- **Health care:** $65K
- **Jobs reported:** 70
## Lender
- **Originating:** Blue Ridge Bank National Association
- **Servicing:** Blue Ridge Bank, National Association (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*