# PPP loan: POMEGRANATE TECHNOLOGIES INC
> **$359K** approved 04/16/2020 · Paid in Full · Loan `2392217202`
## Borrower
- **Name:** POMEGRANATE TECHNOLOGIES INC
- **Address:** 511 West 25th Street Suite 4-105, New York, NY, 10001
- **NAICS:** 511210
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $359K
- **Initial approval:** $359K
- **Forgiven:** $328K (91%)
- **Forgiveness date:** 11/10/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $322K
- **Mortgage interest:** $38K
- **Jobs reported:** 19
## 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*