# PPP loan: VEROGEN, INC.
> **$967K** approved 04/13/2020 · Paid in Full · Loan `5531357105`
## Borrower
- **Name:** VEROGEN, INC.
- **Address:** 11111 Flintkote Avenue, San Diego, CA, 92121
- **NAICS:** 334516
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $967K
- **Initial approval:** $967K
- **Forgiven:** $978K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $967K
- **Jobs reported:** 40
## 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*