# PPP loan: THAYER & ASSOCIATES, INC.
> **$997K** approved 04/10/2020 · Paid in Full · Loan `1631727108`
## Borrower
- **Name:** THAYER & ASSOCIATES, INC.
- **Address:** 1812 MASSACHUSETTS AVE, CAMBRIDGE, MA, 02140-2741
- **NAICS:** 531311
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $997K
- **Initial approval:** $997K
- **Forgiven:** $1.01M (101%)
- **Forgiveness date:** 02/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $748K
- **Utilities:** $249K
- **Jobs reported:** 91
## Lender
- **Originating:** Cambridge Savings Bank
- **Servicing:** Cambridge Savings Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*