# PPP loan: HUDSONALPHA INSTITUTE FOR BIOTECHNOLOGY
> **$3.42M** approved 04/09/2020 · Paid in Full · Loan `9709417008`
## Borrower
- **Name:** HUDSONALPHA INSTITUTE FOR BIOTECHNOLOGY
- **Address:** 601 GENOME WAY, HUNTSVILLE, AL, 35806-2907
- **NAICS:** 541714
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.42M
- **Initial approval:** $3.42M
- **Forgiven:** $3.46M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.42M
- **Jobs reported:** 197
## Lender
- **Originating:** Synovus Bank
- **Servicing:** Synovus Bank (GA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*