# PPP loan: NEUTRON THERAPEUTICS INC.
> **$436K** approved 04/28/2020 · Paid in Full · Loan `9979427207`
## Borrower
- **Name:** NEUTRON THERAPEUTICS INC.
- **Address:** 1 Industrial Drive Suite 1, Danvers, MA, 01923
- **NAICS:** 334510
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $436K
- **Initial approval:** $436K
- **Forgiven:** $442K (101%)
- **Forgiveness date:** 08/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $350K
- **Mortgage interest:** $80K
- **Utilities:** $6K
- **Jobs reported:** 20
## Lender
- **Originating:** Silicon Valley Bridge Bank NA
- **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*