# PPP loan: PANACEA BIOMATX INC
> **$162K** approved 04/29/2021 · Paid in Full · Loan `5162268908`
## Borrower
- **Name:** PANACEA BIOMATX INC
- **Address:** 6 Davis Dr Ste 110, Research Triangle Park, NC, 27709-0003
- **NAICS:** 311999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $162K
- **Initial approval:** $162K
- **Forgiven:** $163K (100%)
- **Forgiveness date:** 10/06/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $162K
- **Jobs reported:** 9
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*