# PPP loan: SOLACE LIFESCIENCES INC.
> **$376K** approved 02/18/2021 · Paid in Full · Loan `1284888503`
## Borrower
- **Name:** SOLACE LIFESCIENCES INC.
- **Address:** 501 Silverside Rd, Wilmington, DE, 19809-1374
- **NAICS:** 541990
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $376K
- **Initial approval:** $376K
- **Forgiven:** $379K (101%)
- **Forgiveness date:** 12/07/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $376K
- **Jobs reported:** 9
## Lender
- **Originating:** Readycap Lending, LLC
- **Servicing:** Readycap Lending, LLC (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*