# PPP loan: INSTITUTE FOR OPERATIONS RESEARCH AND THE MANAGEME
> **$938K** approved 03/12/2021 · Paid in Full · Loan `9234788506`
## Borrower
- **Name:** INSTITUTE FOR OPERATIONS RESEARCH AND THE MANAGEME
- **Address:** 5521 Research Park Dr, Catonsville, MD, 21228-4855
- **NAICS:** 813910
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $938K
- **Initial approval:** $938K
- **Forgiven:** $945K (101%)
- **Forgiveness date:** 01/13/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $937K
- **Jobs reported:** 54
## 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*