# PPP loan: ALETA BIOTHERAPEUTICS, INC.
> **$200K** approved 04/29/2020 · Paid in Full · Loan `3889867307`
## Borrower
- **Name:** ALETA BIOTHERAPEUTICS, INC.
- **Address:** 27 Strathmore Rd, Natick, MA, 01760
- **NAICS:** 325414
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $200K
- **Initial approval:** $200K
- **Forgiven:** $202K (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $180K
- **Mortgage interest:** $20K
- **Jobs reported:** 8
## 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*