# PPP loan: VERACITYCOLAB, LLC
> **$177K** approved 04/15/2020 · Paid in Full · Loan `1240577201`
## Borrower
- **Name:** VERACITYCOLAB, LLC
- **Address:** 20371 IRVINE AVE Suite 250, NEWPORT BEACH, CA, 92660-0126
- **NAICS:** 512199
- **Business type:** Limited Liability Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $177K
- **Initial approval:** $177K
- **Forgiven:** $179K (101%)
- **Forgiveness date:** 03/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $177K
- **Jobs reported:** 9
## Lender
- **Originating:** CommerceWest Bank
- **Servicing:** CommerceWest Bank (CA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*