# PPP loan: HAMPTON ROADS ACADEMY
> **$1.55M** approved 04/09/2020 · Paid in Full · Loan `9722977006`
## Borrower
- **Name:** HAMPTON ROADS ACADEMY
- **Address:** 739 Academy Lane, NEWPORT NEWS, VA, 23602-7092
- **NAICS:** 814110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.55M
- **Initial approval:** $1.55M
- **Forgiven:** $1.56M (101%)
- **Forgiveness date:** 11/27/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.55M
- **Jobs reported:** 254
## Lender
- **Originating:** TowneBank
- **Servicing:** TowneBank (VA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*