# PPP loan: INSTITUTE FOR MARKET TRANSFORMATION
> **$487K** approved 04/27/2020 · Paid in Full · Loan `5081997209`
## Borrower
- **Name:** INSTITUTE FOR MARKET TRANSFORMATION
- **Address:** 1707 L STREET NW SUITE 1050, WASHINGTON, DC, 20036
- **NAICS:** 541620
- **Business type:** Non-Profit Organization
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $487K
- **Initial approval:** $487K
- **Forgiven:** $492K (101%)
- **Forgiveness date:** 06/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $487K
- **Jobs reported:** 24
## Lender
- **Originating:** EagleBank
- **Servicing:** EagleBank (MD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*