# PPP loan: PRACTICAL COMPUTER APPLICATIONS INC.
> **$394K** approved 01/22/2021 · Paid in Full · Loan `4120228305`
## Borrower
- **Name:** PRACTICAL COMPUTER APPLICATIONS INC.
- **Address:** 230 2nd Ave, Waltham, MA, 02451-1123
- **NAICS:** 541511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $394K
- **Initial approval:** $313K
- **Forgiven:** $398K (101%)
- **Forgiveness date:** 12/21/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $394K
- **Utilities:** $1
- **Jobs reported:** 15
## Lender
- **Originating:** Citizens Bank, National Association
- **Servicing:** Citizens Bank, National Association (RI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*