# PPP loan: UNITED BUSINESS MACHINES, INC.
> **$1.32M** approved 01/17/2021 · Paid in Full · Loan `1521078305`
## Borrower
- **Name:** UNITED BUSINESS MACHINES, INC.
- **Address:** 9218 Gaither Rd, Gaithersburg, MD, 20877-1420
- **NAICS:** 532420
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.32M
- **Initial approval:** $1.32M
- **Forgiven:** $1.33M (101%)
- **Forgiveness date:** 11/02/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.32M
- **Utilities:** $1
- **Jobs reported:** 75
## Lender
- **Originating:** Trustar Bank
- **Servicing:** Trustar Bank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*