# PPP loan: COLORESCIENCE, INC.
> **$1.93M** approved 05/26/2020 · Paid in Full · Loan `3536917804`
## Borrower
- **Name:** COLORESCIENCE, INC.
- **Address:** 2141 PALOMAR AIRPORT RD STE 200, CARLSBAD, CA, 92011-1425
- **NAICS:** 325620
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.93M
- **Initial approval:** $1.93M
- **Forgiven:** $1.94M (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.70M
- **Debt interest:** $230K
- **Jobs reported:** 93
## Lender
- **Originating:** Western Alliance Bank
- **Servicing:** Western Alliance Bank (AZ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*