# PPP loan: SCIENCE EXCHANGE, INC.
> **$956K** approved 04/15/2020 · Paid in Full · Loan `2207347205`
## Borrower
- **Name:** SCIENCE EXCHANGE, INC.
- **Address:** 444 High Street Suite 100, Palo Alto, CA, 94301
- **NAICS:** 541512
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $956K
- **Initial approval:** $956K
- **Forgiven:** $967K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $800K
- **Mortgage interest:** $100K
- **Utilities:** $56K
- **Jobs reported:** 32
## 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*