# PPP loan: CATALYST INC
> **$1.56M** approved 05/01/2020 · Paid in Full · Loan `5268127707`
## Borrower
- **Name:** CATALYST INC
- **Address:** 120 Wall St Fl 15, New York, NY, 10005
- **NAICS:** 541712
- **Business type:** Non-Profit Organization
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $1.56M
- **Initial approval:** $1.56M
- **Forgiven:** $1.57M (101%)
- **Forgiveness date:** 03/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.56M
- **Jobs reported:** 68
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*