# PPP loan: MCGUIRE RESEARCH INSTITUTE, INC.
> **$248K** approved 05/05/2020 · Paid in Full · Loan `1949547407`
## Borrower
- **Name:** MCGUIRE RESEARCH INSTITUTE, INC.
- **Address:** 1201 Broad Rock Boulevard, Richmond, VA, 23249
- **NAICS:** 541714
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $248K
- **Initial approval:** $248K
- **Forgiven:** $251K (101%)
- **Forgiveness date:** 07/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $248K
- **Jobs reported:** 104
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*