# PPP loan: ASSOCIATION FOR RESEARCH
> **$594K** approved 03/20/2021 · Paid in Full · Loan `5008208609`
## Borrower
- **Name:** ASSOCIATION FOR RESEARCH
- **Address:** 5515 Security Ln Ste 500, Rockville, MD, 20852-5007
- **NAICS:** 813920
- **Business type:** 501(c)3 ¿ Non Profit
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $594K
- **Initial approval:** $594K
- **Forgiven:** $597K (101%)
- **Forgiveness date:** 09/29/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $594K
- **Jobs reported:** 30
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*