PPP Loan information for Think tank, inc.

$346,000

Think tank, inc. was initially approved for PPP Loan of amount $346,000, the current approved amount is $346,000. The loan was approved on 04/10/2020 by The Live Oak Banking Company reported 12 jobs and $346,000 was used to fund payroll.

Think tank, inc. is Existing or more than 2 years old

THINK TANK, INC.

Date Approved

04/10/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

THINK TANK, INC.

Borrower Address

8403 Colesville Rd

Borrower City

Silver Spring

Borrower State

MD

Borrower Zip

20910

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

346000.00

Current Approval Amount

346000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

455644

Servicing Lender Name

Live Oak Banking Company

Servicing Lender Address

1741 Tiburon Dr

Servicing Lender City

WILMINGTON

Servicing Lender State

NC

Servicing Lender Zip

28403-6244

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Silver Spring

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20910-0001

CD

MD-08

Jobs Reported

12

NAICS Code

541519

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

346000.00

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

Corporation

Originating Lender Location Id

455644

Originating Lender

Live Oak Banking Company

Originating Lender City

WILMINGTON

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

350047.73

Forgiveness Date

06/15/2021

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