# PPP loan: 18 DEGREES, INC
> **$865K** approved 04/04/2020 · Paid in Full · Loan `5052567003`
## Borrower
- **Name:** 18 DEGREES, INC
- **Address:** 480 WEST ST, PITTSFIELD, MA, 01201-5730
- **NAICS:** 624110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $865K
- **Initial approval:** $865K
- **Forgiven:** $871K (101%)
- **Forgiveness date:** 12/31/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $747K
- **Rent:** $16K
- **Mortgage interest:** $2K
- **Utilities:** $9K
- **Health care:** $91K
- **Jobs reported:** 150
## Lender
- **Originating:** Greylock FCU
- **Servicing:** Greylock FCU (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*