# PPP loan: NATIONAL INSTITUTE OF GOVERNMENTAL PURCHASING
> **$525K** approved 02/02/2021 · Paid in Full · Loan `1554038409`
## Borrower
- **Name:** NATIONAL INSTITUTE OF GOVERNMENTAL PURCHASING
- **Address:** 2411 Dulles Corner Park, Herndon, VA, 20171-3431
- **NAICS:** 923110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $525K
- **Initial approval:** $525K
- **Forgiven:** $530K (101%)
- **Forgiveness date:** 12/16/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $525K
- **Jobs reported:** 32
## Lender
- **Originating:** Sandy Spring Bank
- **Servicing:** Sandy Spring Bank (MD)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*