AKSTON BIOSCIENCES CORPORATION (MA) - 2020 PPP Loan Borrower Profile (# 7201717004)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AKSTON BIOSCIENCES CORPORATION. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Massachusetts.

Loan Detail

Loan Number

7201717004

SBA Office Code

0101

Processing Method

PPP

Curent Loan Amount

$287,445.74

Date Loan was Approved

Apr 7, 2020

Amount Forgiven

$290,580.08

Date Loan was Forgiven

May 20, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

287,445.74

Lender

Marblehead Bank

Business Detail

Business Type

Corporation

NAICS

541714

Borrower Location

BEVERLY, MA

Project Location

BEVERLY, MA

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.