# PPP loan: PROVEN PHARMACEUTICALS, LLC
> **$279K** approved 04/27/2020 · Paid in Full · Loan `4546527204`
## Borrower
- **Name:** PROVEN PHARMACEUTICALS, LLC
- **Address:** 4110 Butler Pike Suite A101D, Plymouth Meeting, PA, 19462
- **NAICS:** 424210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $279K
- **Initial approval:** $279K
- **Forgiven:** $281K (101%)
- **Forgiveness date:** 03/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $267K
- **Rent:** $9K
- **Mortgage interest:** $2K
- **Utilities:** $1K
- **Jobs reported:** 24
## Lender
- **Originating:** Eastern Bank
- **Servicing:** Eastern Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*