# PPP loan: PHAMATECH INCORPORATED
> **$1.31M** approved 04/28/2020 · Paid in Full · Loan `7794997208`
## Borrower
- **Name:** PHAMATECH INCORPORATED
- **Address:** 15175 INNOVATION DR, SAN DIEGO, CA, 92128-3401
- **NAICS:** 334516
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $1.31M
- **Initial approval:** $1.31M
- **Forgiven:** $1.32M (101%)
- **Forgiveness date:** 08/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.13M
- **Rent:** $120K
- **Utilities:** $50K
- **Health care:** $10K
- **Jobs reported:** 150
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*