# PPP loan: CONVERGENT DENTAL, INC
> **$1.99M** approved 04/13/2020 · Paid in Full · Loan `5002177104`
## Borrower
- **Name:** CONVERGENT DENTAL, INC
- **Address:** 140 Kendrick Street Bldg C-3, Needham, MA, 02494
- **NAICS:** 339114
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.99M
- **Initial approval:** $1.99M
- **Forgiven:** $2.01M (101%)
- **Forgiveness date:** 05/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.84M
- **Mortgage interest:** $143K
- **Utilities:** $5K
- **Jobs reported:** 102
## Lender
- **Originating:** Silicon Valley Bridge Bank NA
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*