# PPP loan: RESULTS FOR DEVELOPMENT INSTITUTE INC.
> **$1.34M** approved 05/01/2020 · Paid in Full · Loan `5841047700`
## Borrower
- **Name:** RESULTS FOR DEVELOPMENT INSTITUTE INC.
- **Address:** 1111 19th St NW Ste 700, Washington, DC, 20036
- **NAICS:** 541720
- **Business type:** Non-Profit Organization
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $1.34M
- **Initial approval:** $2.13M
- **Forgiven:** $1.34M (101%)
- **Forgiveness date:** 01/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.34M
- **Jobs reported:** 126
## 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*