# PPP loan: SOLACE THERAPEUTICS INC
> **$233K** approved 02/06/2021 · Paid in Full · Loan `4642498400`
## Borrower
- **Name:** SOLACE THERAPEUTICS INC
- **Address:** 135 Newbury St, Framingham, MA, 01701-4590
- **NAICS:** 541715
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $233K
- **Initial approval:** $233K
- **Forgiven:** $234K (101%)
- **Forgiveness date:** 08/19/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $233K
- **Utilities:** $1
- **Jobs reported:** 10
## 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*