# PPP loan: IRONSHORE PHARMACEUTICALS INC.
> **$653K** approved 04/07/2020 · Paid in Full · Loan `7512897009`
## Borrower
- **Name:** IRONSHORE PHARMACEUTICALS INC.
- **Address:** 2 EXECUTIVE CAMPUS 2370 State Route 70 West, Suite 309, CHERRY HILL, NJ, 08002-4101
- **NAICS:** 325412
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $653K
- **Initial approval:** $653K
- **Forgiven:** $660K (101%)
- **Forgiveness date:** 04/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $557K
- **Rent:** $26K
- **Utilities:** $10K
- **Health care:** $60K
- **Jobs reported:** 35
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*