# PPP loan: AKOYA BIOSCIENCES, INC.
> **$2.48M** approved 04/27/2020 · Paid in Full · Loan `5696227208`
## Borrower
- **Name:** AKOYA BIOSCIENCES, INC.
- **Address:** 1505 O'BRIEN DR, STE A-1, MENLO PARK, CA, 94025-1435
- **NAICS:** 541715
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.48M
- **Initial approval:** $2.48M
- **Forgiven:** $2.50M (101%)
- **Forgiveness date:** 06/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.40M
- **Rent:** $70K
- **Utilities:** $6K
- **Jobs reported:** 126
## Lender
- **Originating:** Park State Bank
- **Servicing:** Park State Bank (MN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*