# PPP loan: LAKE MONTICELLO OWNERS ASSOCIATION
> **$647K** approved 04/13/2020 · Paid in Full · Loan `5375907101`
## Borrower
- **Name:** LAKE MONTICELLO OWNERS ASSOCIATION
- **Address:** 41 ASHLAWN BLVD, PALMYRA, VA, 22963-3330
- **NAICS:** 813990
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $647K
- **Initial approval:** $677K
- **Forgiven:** $654K (101%)
- **Forgiveness date:** 05/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $647K
- **Jobs reported:** 80
## 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*