# PPP loan: ATLANTIC SHORES COOPERATIVE ASSOCIATION
> **$2.82M** approved 04/14/2020 · Paid in Full · Loan `6088487108`
## Borrower
- **Name:** ATLANTIC SHORES COOPERATIVE ASSOCIATION
- **Address:** 1200 Atlantic Shores Dr, VIRGINIA BEACH, VA, 23454
- **NAICS:** 623110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.82M
- **Initial approval:** $2.82M
- **Forgiven:** $2.85M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.82M
- **Jobs reported:** 332
## 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*