# PPP loan: ALBEMARLE INSURANCE AGENCY INC.
> **$276K** approved 04/05/2020 · Paid in Full · Loan `5169257008`
## Borrower
- **Name:** ALBEMARLE INSURANCE AGENCY INC.
- **Address:** 3510 REMSON CT Ste 102, CHARLOTTESVILLE, VA, 22901-3508
- **NAICS:** 524210
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $276K
- **Initial approval:** $276K
- **Forgiven:** $278K (101%)
- **Forgiveness date:** 01/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $276K
- **Jobs reported:** 19
## Lender
- **Originating:** The First Bank and Trust Company
- **Servicing:** The First Bank and Trust Company (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · MORVS · CC0 1.0*