# PPP loan: THE AUTHOR INCUBATOR LLC
> **$627K** approved 04/15/2020 · Paid in Full · Loan `9849377109`
## Borrower
- **Name:** THE AUTHOR INCUBATOR LLC
- **Address:** 612 Rivercrest Dr, Mc Lean, VA, 22101
- **NAICS:** 511130
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $627K
- **Initial approval:** $627K
- **Forgiven:** $632K (101%)
- **Forgiveness date:** 02/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $470K
- **Rent:** $78K
- **Utilities:** $78K
- **Jobs reported:** 42
## Lender
- **Originating:** Fulton Bank, National Association
- **Servicing:** Fulton Bank, National Association (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*