# PPP loan: THE AMERICAN SOCIETY OF NAVAL ENGINEERS INC
> **$155K** approved 02/18/2021 · Paid in Full · Loan `1371788506`
## Borrower
- **Name:** THE AMERICAN SOCIETY OF NAVAL ENGINEERS INC
- **Address:** 1423 Powhatan St Ste 1, Alexandria, VA, 22314-1389
- **NAICS:** 813920
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $155K
- **Initial approval:** $155K
- **Forgiven:** $156K (101%)
- **Forgiveness date:** 11/03/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $155K
- **Utilities:** $1
- **Jobs reported:** 8
## Lender
- **Originating:** Capital Bank, National Association
- **Servicing:** Capital Bank, National Association (MD)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*