# PPP loan: THE ARC OF LOUDOUN
> **$850K** approved 02/11/2021 · Paid in Full · Loan `6871968402`
## Borrower
- **Name:** THE ARC OF LOUDOUN
- **Address:** 601 Catoctin Cir NE, Leesburg, VA, 20176-4964
- **NAICS:** 611710
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $850K
- **Initial approval:** $850K
- **Forgiven:** $859K (101%)
- **Forgiveness date:** 02/17/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $850K
- **Jobs reported:** 86
## Lender
- **Originating:** Bank of Charles Town
- **Servicing:** Bank of Charles Town (WV)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*