# PPP loan: CIPHERNINE INC
> **$254K** approved 03/01/2021 · Paid in Full · Loan `5759738507`
## Borrower
- **Name:** CIPHERNINE INC
- **Address:** 462 Herndon Pkwy Ste 208, Herndon, VA, 20170-5235
- **NAICS:** 541511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $254K
- **Initial approval:** $254K
- **Forgiven:** $257K (101%)
- **Forgiveness date:** 03/03/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $254K
- **Utilities:** $1
- **Jobs reported:** 15
## Lender
- **Originating:** The Freedom Bank of Virginia
- **Servicing:** The Freedom Bank of Virginia (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*