# PPP loan: INDUCTIVE MINDS, L.L.C.
> **$577K** approved 04/30/2020 · Paid in Full · Loan `4872567309`
## Borrower
- **Name:** INDUCTIVE MINDS, L.L.C.
- **Address:** 14 Bedford Drive, Sterling, VA, 20165
- **NAICS:** 541511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $577K
- **Initial approval:** $668K
- **Forgiven:** $495K (86%)
- **Forgiveness date:** 07/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $577K
- **Jobs reported:** 25
## Lender
- **Originating:** Capital One, National Association
- **Servicing:** Capital One, National Association (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*