# PPP loan: THE LORELTON FOUNDATION
> **$619K** approved 04/08/2020 · Paid in Full · Loan `8625227008`
## Borrower
- **Name:** THE LORELTON FOUNDATION
- **Address:** 2200 W 4th Street, WILMINGTON, DE, 19805-3300
- **NAICS:** 623312
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $619K
- **Initial approval:** $619K
- **Forgiven:** $623K (101%)
- **Forgiveness date:** 11/23/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $619K
- **Jobs reported:** 97
## Lender
- **Originating:** Wilmington Savings Fund Society, FSB
- **Servicing:** Wilmington Savings Fund Society, FSB (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*