# PPP loan: CYCLERION THERAPEUTICS, INC.
> **$3.51M** approved 04/14/2020 · Paid in Full · Loan `6530157107`
## Borrower
- **Name:** CYCLERION THERAPEUTICS, INC.
- **Address:** 301 Binney Street, 2nd Floor, Cambridge, MA, 02142
- **NAICS:** 325412
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.51M
- **Initial approval:** $3.51M
- **Forgiven:** $3.56M (102%)
- **Forgiveness date:** 11/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.63M
- **Rent:** $877K
- **Jobs reported:** 88
## 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*