# PPP loan: MARKFORGED INC
> **$5.02M** approved 04/14/2020 · Paid in Full · Loan `6012717109`
## Borrower
- **Name:** MARKFORGED INC
- **Address:** 480 Pleasant Street, Watertown, MA, 02472
- **NAICS:** 333249
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $5.02M
- **Initial approval:** $5.02M
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $4.34M
- **Rent:** $600K
- **Utilities:** $80K
- **Jobs reported:** 219
## Lender
- **Originating:** Silicon Valley Bridge Bank NA
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*