# PPP loan: THE NANSEMOND-SUFFOLK ACADEMY ASSOC. INC.
> **$1.66M** approved 04/07/2020 · Paid in Full · Loan `7608737001`
## Borrower
- **Name:** THE NANSEMOND-SUFFOLK ACADEMY ASSOC. INC.
- **Address:** 3373 Pruden Blvd, SUFFOLK, VA, 23434-7206
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.66M
- **Initial approval:** $1.66M
- **Forgiven:** $1.67M (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.66M
- **Jobs reported:** 160
## Lender
- **Originating:** TowneBank
- **Servicing:** TowneBank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*