PPP Loan information for Institute for defense and business

$242,800

Institute for defense and business was initially approved for PPP Loan of amount $242,800, the current approved amount is $242,800. The loan was approved on 04/13/2020 by The First-Citizens Bank & Trust Company reported 14 jobs and $242,800 was used to fund payroll.

Institute for defense and business is New Business or 2 years or less

PPP Loan Search / NC / CHAPEL HILL / Institute for defense and business

INSTITUTE FOR DEFENSE AND BUSINESS

Date Approved

04/13/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

INSTITUTE FOR DEFENSE AND BUSINESS

Borrower Address

1250 ENVIRON WAY

Borrower City

CHAPEL HILL

Borrower State

NC

Borrower Zip

27517-4426

Loan Status Date

05/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

242800.00

Current Approval Amount

242800.00

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

New Business or 2 years or less

Project City

CHAPEL HILL

Project County Name

ORANGE

Project State

NC

Project Zip

27517-4426

CD

NC-04

Jobs Reported

14

NAICS Code

611310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

242800.00

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

245214.70

Forgiveness Date

04/22/2021

;