# PPP loan: PHARMASYS, INC.
> **$250K** approved 05/01/2020 · Paid in Full · Loan `8869437705`
## Borrower
- **Name:** PHARMASYS, INC.
- **Address:** 216 TOWNE VILLAGE DR, CARY, NC, 27513-8910
- **NAICS:** 561210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $250K
- **Initial approval:** $250K
- **Forgiven:** $252K (101%)
- **Forgiveness date:** 04/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $250K
- **Jobs reported:** 16
## Lender
- **Originating:** Cross River Bank
- **Servicing:** Cross River Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*