PPP Loan information for Institute for building technology and safety

$3,083,300

Institute for building technology and safety was initially approved for PPP Loan of amount $3,083,300, the current approved amount is $3,083,300. The loan was approved on 04/08/2020 by The Atlantic Union Bank reported 179 jobs and $3,083,300 was used to fund payroll.

Institute for building technology and safety is Existing or more than 2 years old

INSTITUTE FOR BUILDING TECHNOLOGY AND SAFETY

Date Approved

04/08/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

INSTITUTE FOR BUILDING TECHNOLOGY AND SAFETY

Borrower Address

45207 RESEARCH PL

Borrower City

ASHBURN

Borrower State

VA

Borrower Zip

20147-2418

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3083300.00

Current Approval Amount

3083300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122517

Servicing Lender Name

Atlantic Union Bank

Servicing Lender Address

1051 E Cary St, Ste 103

Servicing Lender City

RICHMOND

Servicing Lender State

VA

Servicing Lender Zip

23219-4029

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ASHBURN

Project County Name

LOUDOUN

Project State

VA

Project Zip

20147-2418

CD

VA-10

Jobs Reported

179

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3083300.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

122517

Originating Lender

Atlantic Union Bank

Originating Lender City

RICHMOND

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

3118586.66

Forgiveness Date

06/09/2021

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