# PPP loan: SPROUT PHARMACEUTICALS INC.
> **$605K** approved 04/30/2020 · Paid in Full · Loan `6623737310`
## Borrower
- **Name:** SPROUT PHARMACEUTICALS INC.
- **Address:** 4350 Lassiter at North Hills Ave., Suite 260, Raleigh, NC, 27609-5792
- **NAICS:** 325412
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $605K
- **Initial approval:** $605K
- **Forgiven:** $611K (101%)
- **Forgiveness date:** 06/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $605K
- **Jobs reported:** 47
## Lender
- **Originating:** Greater Nevada CU
- **Servicing:** Fountainhead SBF LLC (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*