PPP Loan information for Institute for defense and business

$251,100

Institute for defense and business was initially approved for PPP Loan of amount $251,100, the current approved amount is $251,100. The loan was approved on 02/23/2021 by The First-Citizens Bank & Trust Company reported 18 jobs and $251,100 was used to fund payroll.

Institute for defense and business is Existing or more than 2 years old

PPP Loan Search / NC / Chapel Hill / Institute for defense and business

INSTITUTE FOR DEFENSE AND BUSINESS

Date Approved

02/23/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

INSTITUTE FOR DEFENSE AND BUSINESS

Borrower Address

1430 Environ Way

Borrower City

Chapel Hill

Borrower State

NC

Borrower Zip

27517-4433

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

251100.00

Current Approval Amount

251100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Chapel Hill

Project County Name

ORANGE

Project State

NC

Project Zip

27517-4433

CD

NC-04

Jobs Reported

18

NAICS Code

611430

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

251099.00

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

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

253260.15

Forgiveness Date

01/11/2022

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