# PPP loan: PHARMASOL CORPORATION
> **$1.60M** approved 04/05/2020 · Paid in Full · Loan `5545467006`
## Borrower
- **Name:** PHARMASOL CORPORATION
- **Address:** One Norfolk Avenue, SOUTH EASTON, MA, 02375-1157
- **NAICS:** 325620
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.60M
- **Initial approval:** $1.60M
- **Forgiven:** $1.62M (101%)
- **Forgiveness date:** 04/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.60M
- **Jobs reported:** 100
## Lender
- **Originating:** BayCoast Bank
- **Servicing:** BayCoast Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*