# PPP loan: INVEST COLLEGIATE: TRANSFORM
> **$507K** approved 05/22/2020 · Paid in Full · Loan `1953777801`
## Borrower
- **Name:** INVEST COLLEGIATE: TRANSFORM
- **Address:** 2045 Suttle Avenue, CHARLOTTE, NC, 28208-5235
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $507K
- **Initial approval:** $507K
- **Forgiven:** $511K (101%)
- **Forgiveness date:** 12/31/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $507K
- **Jobs reported:** 40
## 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*