# PPP loan: APPLIED BIOMIMETIC INC
> **$435K** approved 04/14/2020 · Paid in Full · Loan `7747267100`
## Borrower
- **Name:** APPLIED BIOMIMETIC INC
- **Address:** 942 CLOPPER RD, GAITHERSBURG, MD, 20878-1301
- **NAICS:** 333318
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $435K
- **Initial approval:** $435K
- **Forgiven:** $438K (101%)
- **Forgiveness date:** 12/30/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $435K
- **Jobs reported:** 32
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*