# PPP loan: ADAPTIVE PHAGE THERAPEUTICS INC.
> **$235K** approved 04/15/2020 · Paid in Full · Loan `1283707203`
## Borrower
- **Name:** ADAPTIVE PHAGE THERAPEUTICS INC.
- **Address:** 22 Firstfield Road Suite 125, Gaithersburg, MD, 20878
- **NAICS:** 541714
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $235K
- **Initial approval:** $235K
- **Forgiven:** $237K (101%)
- **Forgiveness date:** 05/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $208K
- **Health care:** $27K
- **Jobs reported:** 18
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*