# PPP loan: INTELLECT RESOURCES INC
> **$511K** approved 02/19/2021 · Paid in Full · Loan `2101828510`
## Borrower
- **Name:** INTELLECT RESOURCES INC
- **Address:** 3824 N Elm St Ste 102 3824 N Elm St Ste 102, Greensboro, NC, 27455-2734
- **NAICS:** 541690
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $511K
- **Initial approval:** $511K
- **Forgiven:** $516K (101%)
- **Forgiveness date:** 01/28/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $511K
- **Utilities:** $1
- **Jobs reported:** 123
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*