# PPP loan: CATALYST SOLUTIONS INC
> **$6.17M** approved 04/16/2020 · Paid in Full · Loan `2859337208`
## Borrower
- **Name:** CATALYST SOLUTIONS INC
- **Address:** 502 South Sharp Street, BALTIMORE, MD, 21201-0400
- **NAICS:** 541690
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $6.17M
- **Initial approval:** $6.17M
- **Forgiven:** $6.24M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $5.25M
- **Rent:** $250K
- **Utilities:** $174K
- **Health care:** $500K
- **Jobs reported:** 321
## 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*