# PPP loan: EQUINOX OPEN LIBRARY INITIATIVE INC
> **$242K** approved 05/06/2020 · Paid in Full · Loan `3037107400`
## Borrower
- **Name:** EQUINOX OPEN LIBRARY INITIATIVE INC
- **Address:** P.O. Box 69, NORCROSS, GA, 30091-0069
- **NAICS:** 541511
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $242K
- **Initial approval:** $242K
- **Forgiven:** $244K (101%)
- **Forgiveness date:** 03/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $242K
- **Jobs reported:** 17
## 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*