# PPP loan: SAVONIX INC
> **$394K** approved 04/12/2020 · Paid in Full · Loan `3697277106`
## Borrower
- **Name:** SAVONIX INC
- **Address:** 101 California Street,Suite 1525, SF, CA, 94111-3580
- **NAICS:** 541512
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $394K
- **Initial approval:** $394K
- **Forgiven:** $397K (101%)
- **Forgiveness date:** 02/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $394K
- **Jobs reported:** 18
## Lender
- **Originating:** Cross River Bank
- **Servicing:** Cross River Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*