# PPP loan: STUDYPOINT, INC.
> **$967K** approved 04/05/2020 · Paid in Full · Loan `5460497005`
## Borrower
- **Name:** STUDYPOINT, INC.
- **Address:** 5 Cyrstal Circle, ANDOVER, MA, 01810-4892
- **NAICS:** 611691
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $967K
- **Initial approval:** $967K
- **Forgiven:** $899K (93%)
- **Forgiveness date:** 07/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $967K
- **Jobs reported:** 52
## Lender
- **Originating:** Main Street Bank
- **Servicing:** Main Street Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*