# PPP loan: TECHNOLOGY ASSOCIATES, INC.
> **$298K** approved 04/10/2020 · Paid in Full · Loan `2427807105`
## Borrower
- **Name:** TECHNOLOGY ASSOCIATES, INC.
- **Address:** 3434 Kildaire Farm Rd. Suite 390, CARY, NC, 27518-1541
- **NAICS:** 541512
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $298K
- **Initial approval:** $298K
- **Forgiven:** $300K (101%)
- **Forgiveness date:** 12/31/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $298K
- **Jobs reported:** 19
## Lender
- **Originating:** TowneBank
- **Servicing:** TowneBank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*