# PPP loan: ALBEMARLE EDUCATIONAL FOUNDATION
> **$183K** approved 02/10/2021 · Paid in Full · Loan `6282158408`
## Borrower
- **Name:** ALBEMARLE EDUCATIONAL FOUNDATION
- **Address:** 1210 US Highway 17 S, Elizabeth City, NC, 27909-7631
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $183K
- **Initial approval:** $183K
- **Forgiven:** $185K (101%)
- **Forgiveness date:** 02/17/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $183K
- **Utilities:** $1
- **Jobs reported:** 43
## Lender
- **Originating:** First Bank
- **Servicing:** First Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*