# PPP loan: VAT EDUCATIONAL CORPORATION
> **$242K** approved 04/14/2020 · Paid in Full · Loan `7281557101`
## Borrower
- **Name:** VAT EDUCATIONAL CORPORATION
- **Address:** 21367 Shale Ridge Ct, Ashburn, VA, 20147
- **NAICS:** 624410
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $242K
- **Initial approval:** $242K
- **Forgiven:** $245K (101%)
- **Forgiveness date:** 07/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $242K
- **Jobs reported:** 13
## Lender
- **Originating:** Atlantic Union Bank
- **Servicing:** Atlantic Union Bank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*