# PPP loan: FOUNDATION INSURANCE GROUP
> **$627K** approved 04/06/2020 · Paid in Full · Loan `5895167010`
## Borrower
- **Name:** FOUNDATION INSURANCE GROUP
- **Address:** 3190 Fairview Park Dr, #104, FALLS CHURCH, VA, 22042-4509
- **NAICS:** 524210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $627K
- **Initial approval:** $627K
- **Forgiven:** $637K (102%)
- **Forgiveness date:** 12/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $627K
- **Jobs reported:** 11
## Lender
- **Originating:** Sandy Spring Bank
- **Servicing:** Sandy Spring Bank (MD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*