# PPP loan: THE RURAL EDUCATION FOUNDATION
> **$494K** approved 04/08/2020 · Paid in Full · Loan `8389627007`
## Borrower
- **Name:** THE RURAL EDUCATION FOUNDATION
- **Address:** 605 Fuqua Drive, FARMVILLE, VA, 23901-1679
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $494K
- **Initial approval:** $494K
- **Forgiven:** $496K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $494K
- **Jobs reported:** 87
## 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*