# PPP loan: ALS THERAPY DEVELOPMENT INSTITUTE
> **$896K** approved 04/15/2020 · Paid in Full · Loan `8772797102`
## Borrower
- **Name:** ALS THERAPY DEVELOPMENT INSTITUTE
- **Address:** 300 Technology Square, CAMBRIDGE, MA, 02139
- **NAICS:** 813212
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $896K
- **Initial approval:** $896K
- **Forgiven:** $906K (101%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $896K
- **Jobs reported:** 53
## Lender
- **Originating:** SVB, A Division of First-Citizens Bank and Trust Company
- **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*