# PPP loan: ACCELERON INC
> **$563K** approved 05/03/2020 · Paid in Full · Loan `5537677707`
## Borrower
- **Name:** ACCELERON INC
- **Address:** 21 LORDSHIP RD, EAST GRANBY, CT, 06026-9589
- **NAICS:** 335999
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $563K
- **Initial approval:** $563K
- **Forgiven:** $567K (101%)
- **Forgiveness date:** 02/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $563K
- **Jobs reported:** 38
## 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*