# PPP loan: ASSOCIATION FOR COMPETITIVE TECHNOLOGY
> **$438K** approved 03/02/2021 · Paid in Full · Loan `5969008509`
## Borrower
- **Name:** ASSOCIATION FOR COMPETITIVE TECHNOLOGY
- **Address:** 1401 K St NW Ste 501, Washington, DC, 20005-3417
- **NAICS:** 541990
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $438K
- **Initial approval:** $438K
- **Forgiven:** $442K (101%)
- **Forgiveness date:** 12/22/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $438K
- **Utilities:** $1
- **Jobs reported:** 16
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*