# PPP loan: THE MONTPELIER FOUNDATION
> **$696K** approved 04/07/2020 · Paid in Full · Loan `7459917002`
## Borrower
- **Name:** THE MONTPELIER FOUNDATION
- **Address:** 11384 Laundry Road, MONTPELIER STATION, VA, 22957
- **NAICS:** 712120
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $696K
- **Initial approval:** $696K
- **Forgiven:** $702K (101%)
- **Forgiveness date:** 01/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $696K
- **Jobs reported:** 85
## Lender
- **Originating:** Virginia National Bank
- **Servicing:** Virginia National Bank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*