# PPP loan: AMERICAN INSTITUTE OF BIOLOGICAL SCIENCES INC.
> **$300K** approved 03/06/2021 · Paid in Full · Loan `7504658504`
## Borrower
- **Name:** AMERICAN INSTITUTE OF BIOLOGICAL SCIENCES INC.
- **Address:** 950 Herndon Pkwy Ste 450, Herndon, VA, 20170-5528
- **NAICS:** 541690
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $300K
- **Initial approval:** $300K
- **Forgiven:** $303K (101%)
- **Forgiveness date:** 02/16/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $300K
- **Jobs reported:** 15
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*