# PPP loan: AMERICAN SOCIETY OF ADDICTION MEDICINE INC
> **$770K** approved 05/01/2020 · Paid in Full · Loan `5113537707`
## Borrower
- **Name:** AMERICAN SOCIETY OF ADDICTION MEDICINE INC
- **Address:** 11400 Rockville Pike Ste 200, Rockville, MD, 20852
- **NAICS:** 813920
- **Business type:** Non-Profit Organization
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $770K
- **Initial approval:** $770K
- **Forgiven:** $776K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $770K
- **Jobs reported:** 53
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*