# PPP loan: FREDERICKSBURG ACADEMY
> **$920K** approved 04/08/2020 · Paid in Full · Loan `7778497004`
## Borrower
- **Name:** FREDERICKSBURG ACADEMY
- **Address:** 10800 ACADEMY DR, FREDERICKSBURG, VA, 22408-1938
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $920K
- **Initial approval:** $920K
- **Forgiven:** $932K (101%)
- **Forgiveness date:** 08/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $920K
- **Jobs reported:** 109
## 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*