# PPP loan: THE VIRGINIA ARTS FESTIVAL, INC.
> **$459K** approved 04/06/2020 · Paid in Full · Loan `6211897000`
## Borrower
- **Name:** THE VIRGINIA ARTS FESTIVAL, INC.
- **Address:** 440 Bank Street, NORFOLK, VA, 23510-2401
- **NAICS:** 711310
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $459K
- **Initial approval:** $459K
- **Forgiven:** $462K (101%)
- **Forgiveness date:** 11/23/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $459K
- **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*