# PPP loan: OPGEN INC
> **$880K** approved 04/14/2020 · Paid in Full · Loan `6484717107`
## Borrower
- **Name:** OPGEN INC
- **Address:** 708 Quince Orchard Road, GAITHERSBURG, MD, 20878
- **NAICS:** 621511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $880K
- **Initial approval:** $880K
- **Forgiven:** $885K (101%)
- **Forgiveness date:** 12/18/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $720K
- **Mortgage interest:** $160K
- **Jobs reported:** 37
## 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*