# PPP loan: THE PEABODY SCHOOL
> **$550K** approved 04/07/2020 · Paid in Full · Loan `7267197006`
## Borrower
- **Name:** THE PEABODY SCHOOL
- **Address:** 1232 STONEY RIDGE RD, CHARLOTTESVILLE, VA, 22902-8703
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $550K
- **Initial approval:** $550K
- **Forgiven:** $555K (101%)
- **Forgiveness date:** 03/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $550K
- **Jobs reported:** 47
## Lender
- **Originating:** United Bank
- **Servicing:** United Bank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*