# PPP loan: DISRUPTOR BEAM, INC.
> **$893K** approved 04/13/2020 · Charged Off · Loan `5404927107`
## Borrower
- **Name:** DISRUPTOR BEAM, INC.
- **Address:** 100 Pennsylvania Ave 2nd Floor, FRAMINGHAM, MA, 01701
- **NAICS:** 541519
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $893K
- **Initial approval:** $893K
- **Forgiven:** $392K (44%)
- **Forgiveness date:** 03/31/2021
- **Status:** Charged Off
- **Term:** 7 months
## Use of funds
- **Payroll:** $839K
- **Mortgage interest:** $48K
- **Utilities:** $6K
- **Jobs reported:** 338
## Lender
- **Originating:** Silicon Valley Bridge Bank NA
- **Servicing:** First-Citizens Bank & Trust Company (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*