PPP Loan information for Itellect, llc

$491,800

Itellect, llc was initially approved for PPP Loan of amount $491,800, the current approved amount is $491,800. The loan was approved on 04/07/2020 by The Atlantic Union Bank reported 32 jobs and $491,800 was used to fund payroll.

Itellect, llc is Existing or more than 2 years old

ITELLECT, LLC

Date Approved

04/07/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

ITELLECT, LLC

Borrower Address

1717 PENNSYLVANIA AVE NW STE 1025

Borrower City

WASHINGTON

Borrower State

DC

Borrower Zip

20006-1728

Loan Status Date

06/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

491800.00

Current Approval Amount

491800.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WASHINGTON

Project County Name

DISTRICT OF COLUMBIA

Project State

DC

Project Zip

20006-1728

CD

DC-

Jobs Reported

32

NAICS Code

541611

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

491800.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

122517

Originating Lender

Atlantic Union Bank

Originating Lender City

RICHMOND

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

497127.83

Forgiveness Date

05/13/2021

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