# PPP loan: PACIFIC INSTITUTE FOR RESEARCH AND EVALUATION
> **$2.33M** approved 04/10/2020 · Paid in Full · Loan `2310017100`
## Borrower
- **Name:** PACIFIC INSTITUTE FOR RESEARCH AND EVALUATION
- **Address:** 11720 Beltsville Drive, Suite 900, BELTSVILLE, MD, 20705-3104
- **NAICS:** 541720
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.33M
- **Initial approval:** $2.33M
- **Forgiven:** $364K (16%)
- **Forgiveness date:** 07/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.33M
- **Jobs reported:** 23
## Lender
- **Originating:** Sandy Spring Bank
- **Servicing:** Sandy Spring Bank (MD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*