# PPP loan: REGULUS THERAPEUTICS INC
> **$662K** approved 04/13/2020 · Paid in Full · Loan `5384137108`
## Borrower
- **Name:** REGULUS THERAPEUTICS INC
- **Address:** 10628 Science Center Drive Suite 225, San Diego, CA, 92121
- **NAICS:** 325412
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $662K
- **Initial approval:** $662K
- **Forgiven:** $669K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $492K
- **Rent:** $143K
- **Utilities:** $27K
- **Jobs reported:** 21
## Lender
- **Originating:** Silicon Valley Bridge Bank NA
- **Servicing:** First-Citizens Bank & Trust Company (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*