# PPP loan: MEDICINE X, INC.
> **$256K** approved 05/01/2020 · Paid in Full · Loan `4986507703`
## Borrower
- **Name:** MEDICINE X, INC.
- **Address:** 22809 PACIFIC COAST HIGHWAY SUITE 215, MALIBU, CA, 90265
- **NAICS:** 561320
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $256K
- **Initial approval:** $256K
- **Forgiven:** $259K (101%)
- **Forgiveness date:** 09/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $256K
- **Jobs reported:** 30
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*