# PPP loan: STRATEGIC TECHNOLOGY INSTITUTE INC
> **$4.98M** approved 05/03/2020 · Paid in Full · Loan `5415137700`
## Borrower
- **Name:** STRATEGIC TECHNOLOGY INSTITUTE INC
- **Address:** 6000 EXECUTIVE BLVD STE 205, ROCKVILLE, MD, 20852-3803
- **NAICS:** 541330
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $4.98M
- **Initial approval:** $527K
- **Forgiven:** $5.03M (101%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $4.98M
- **Jobs reported:** 384
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*