# PPP loan: GALEN ROBOTICS, INC
> **$525K** approved 04/13/2020 · Exemption 4 · Loan `4988657107`
## Borrower
- **Name:** GALEN ROBOTICS, INC
- **Address:** 1739 Hawkins Drive, Los Altos, CA, 94024
- **NAICS:** 339112
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $525K
- **Initial approval:** $525K
- **Status:** Exemption 4
- **Term:** 6 months
## Use of funds
- **Payroll:** $511K
- **Mortgage interest:** $12K
- **Utilities:** $3K
- **Jobs reported:** 20
## 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*