# PPP loan: LAKE ROYALE PROPERTY OWNERS ASSOCIATION
> **$305K** approved 04/28/2020 · Paid in Full · Loan `9536077210`
## Borrower
- **Name:** LAKE ROYALE PROPERTY OWNERS ASSOCIATION
- **Address:** 9022 LAKE ROYALE, LOUISBURG, NC, 27549-7026
- **NAICS:** 813990
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $305K
- **Initial approval:** $305K
- **Forgiven:** $307K (101%)
- **Forgiveness date:** 03/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $305K
- **Jobs reported:** 28
## Lender
- **Originating:** Providence Bank
- **Servicing:** Providence Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*