# PPP loan: INSTITUTE FOR BUSINESS & TECHNOLOGY, INC.
> **$1.23M** approved 04/15/2020 · Paid in Full · Loan `9816087109`
## Borrower
- **Name:** INSTITUTE FOR BUSINESS & TECHNOLOGY, INC.
- **Address:** 5150 South Decatur Boulevard, Las Vegas, NV, 89118
- **NAICS:** 921120
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.23M
- **Initial approval:** $1.23M
- **Forgiven:** $1.25M (101%)
- **Forgiveness date:** 06/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.23M
- **Jobs reported:** 120
## Lender
- **Originating:** Readycap Lending, LLC
- **Servicing:** Customers Bank (PA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*