# PPP loan: RESHAPE LIFESCIENCES, INC.
> **$955K** approved 04/15/2020 · Paid in Full · Loan `9706467104`
## Borrower
- **Name:** RESHAPE LIFESCIENCES, INC.
- **Address:** 1001 CALLE AMANECER, SAN CLEMENTE, CA, 92672
- **NAICS:** 339112
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $955K
- **Initial approval:** $955K
- **Forgiven:** $963K (101%)
- **Forgiveness date:** 03/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $860K
- **Rent:** $70K
- **Utilities:** $25K
- **Jobs reported:** 44
## Lender
- **Originating:** Silicon Valley Bridge Bank NA
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*