# PPP loan: INSTITUTE FOR SUPPLY MANAGEMENT INC.
> **$1.14M** approved 03/12/2021 · Paid in Full · Loan `1165288606`
## Borrower
- **Name:** INSTITUTE FOR SUPPLY MANAGEMENT INC.
- **Address:** 309 W Elliot Rd Ste 113, Tempe, AZ, 85284-1556
- **NAICS:** 541720
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.14M
- **Initial approval:** $1.14M
- **Forgiven:** $1.15M (101%)
- **Forgiveness date:** 09/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.14M
- **Utilities:** $1
- **Jobs reported:** 51
## Lender
- **Originating:** Zions Bank, A Division of
- **Servicing:** Zions Bank, A Division of (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*