# PPP loan: NEILMED PHARMACEUTICALS, INC.
> **$2.51M** approved 04/28/2020 · Paid in Full · Loan `1623507308`
## Borrower
- **Name:** NEILMED PHARMACEUTICALS, INC.
- **Address:** 601 Aviation Blvd., Santa Rosa, CA, 95403-1025
- **NAICS:** 339113
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.51M
- **Initial approval:** $2.51M
- **Forgiven:** $1.36M (54%)
- **Forgiveness date:** 10/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.01M
- **Mortgage interest:** $502K
- **Jobs reported:** 243
## Lender
- **Originating:** Comerica Bank
- **Servicing:** Comerica Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*