# PPP loan: MINERVA SURGICAL INC
> **$3.00M** approved 04/12/2020 · Paid in Full · Loan `4074707102`
## Borrower
- **Name:** MINERVA SURGICAL INC
- **Address:** 101 Saginaw Driv, Redwood City, CA, 94063
- **NAICS:** 339113
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.00M
- **Initial approval:** $3.00M
- **Forgiven:** $3.04M (101%)
- **Forgiveness date:** 06/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.81M
- **Mortgage interest:** $170K
- **Utilities:** $25K
- **Jobs reported:** 106
## 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*