# PPP loan: INCEPT DATA SOLUTIONS INC
> **$701K** approved 05/06/2020 · Paid in Full · Loan `2865157405`
## Borrower
- **Name:** INCEPT DATA SOLUTIONS INC
- **Address:** 22365 Broderick Drive, Ste 230, Sterling, VA, 20166
- **NAICS:** 541690
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $701K
- **Initial approval:** $701K
- **Forgiven:** $709K (101%)
- **Forgiveness date:** 07/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $701K
- **Jobs reported:** 42
## Lender
- **Originating:** Northeast Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*