# PPP loan: THE VIRGINIA ARTS FESTIVAL INC
> **$458K** approved 01/26/2021 · Paid in Full · Loan `6066568310`
## Borrower
- **Name:** THE VIRGINIA ARTS FESTIVAL INC
- **Address:** 440 Bank St, Norfolk, VA, 23510-2401
- **NAICS:** 711310
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $458K
- **Initial approval:** $458K
- **Forgiven:** $463K (101%)
- **Forgiveness date:** 02/25/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $458K
- **Utilities:** $1
- **Jobs reported:** 32
## Lender
- **Originating:** TowneBank
- **Servicing:** TowneBank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*