# PPP loan: THRIVE BIOSCIENCE INC
> **$299K** approved 04/30/2020 · Paid in Full · Loan `5038247310`
## Borrower
- **Name:** THRIVE BIOSCIENCE INC
- **Address:** 11 Audubon Drive 0, WAKEFIELD, MA, 01880
- **NAICS:** 334516
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $299K
- **Initial approval:** $299K
- **Forgiven:** $303K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $272K
- **Mortgage interest:** $17K
- **Utilities:** $10K
- **Jobs reported:** 11
## 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*