# PPP loan: STRATEGIC THERAPY ASSOCIATES, INC.
> **$1.12M** approved 04/06/2020 · Paid in Full · Loan `6451647005`
## Borrower
- **Name:** STRATEGIC THERAPY ASSOCIATES, INC.
- **Address:** 108 Duncraig Drive, LYNCHBURG, VA, 24502-3335
- **NAICS:** 621610
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.12M
- **Initial approval:** $1.12M
- **Forgiven:** $1.14M (101%)
- **Forgiveness date:** 07/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.10M
- **Rent:** $13K
- **Mortgage interest:** $6K
- **Utilities:** $8K
- **Jobs reported:** 109
## Lender
- **Originating:** First National Bank
- **Servicing:** First National Bank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*