PPP Loan information for Institute for in vitro sciences, inc.

$544,520

Institute for in vitro sciences, inc. was initially approved for PPP Loan of amount $544,520, the current approved amount is $544,520. The loan was approved on 04/12/2020 by The Sandy Spring Bank reported 40 jobs and $544,520 was used to fund payroll.

Institute for in vitro sciences, inc. is Existing or more than 2 years old

PPP Loan Search / MD / GAITHERSBURG / Institute for in vitro sciences, inc.

INSTITUTE FOR IN VITRO SCIENCES, INC.

Date Approved

04/12/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

INSTITUTE FOR IN VITRO SCIENCES, INC.

Borrower Address

30 W. Watkins Mill Road, Suite 100

Borrower City

GAITHERSBURG

Borrower State

MD

Borrower Zip

20878-4004

Loan Status Date

03/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

544520.00

Current Approval Amount

544520.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30872

Servicing Lender Name

Sandy Spring Bank

Servicing Lender Address

17801 Georgia Ave

Servicing Lender City

OLNEY

Servicing Lender State

MD

Servicing Lender Zip

20832-2233

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GAITHERSBURG

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20878-4004

CD

MD-06

Jobs Reported

40

NAICS Code

541690

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

544520.00

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

30872

Originating Lender

Sandy Spring Bank

Originating Lender City

OLNEY

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

549040.26

Forgiveness Date

02/19/2021

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