# PPP loan: ASPEN TECHNOLOGIES INC
> **$800K** approved 04/08/2020 · Paid in Full · Loan `8810487007`
## Borrower
- **Name:** ASPEN TECHNOLOGIES INC
- **Address:** 7963 LOCHLIN DR, BRIGHTON, MI, 48116-8329
- **NAICS:** 336390
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $800K
- **Initial approval:** $800K
- **Forgiven:** $806K (101%)
- **Forgiveness date:** 02/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $800K
- **Jobs reported:** 180
## Lender
- **Originating:** Northstar Bank
- **Servicing:** Northstar Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*