# PPP loan: BLUEMONT TECHNOLOGY & RESEARCH INC.
> **$341K** approved 02/26/2021 · Paid in Full · Loan `4566518510`
## Borrower
- **Name:** BLUEMONT TECHNOLOGY & RESEARCH INC.
- **Address:** 136 General Dr Ste 100, Luray, VA, 22835-5263
- **NAICS:** 541690
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $341K
- **Initial approval:** $341K
- **Forgiven:** $346K (101%)
- **Forgiveness date:** 08/15/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $341K
- **Utilities:** $1
- **Jobs reported:** 14
## 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*