# PPP loan: SOLARA  HEALTH INC
> **$306K** approved 05/03/2020 · Charged Off · Loan `9874287304`
## Borrower
- **Name:** SOLARA  HEALTH INC
- **Address:** 812 EMERALD BAY, LAGUNA BEACH, CA, 92651-1273
- **NAICS:** 621999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $306K
- **Initial approval:** $306K
- **Forgiven:** $295K (96%)
- **Forgiveness date:** 11/17/2022
- **Status:** Charged Off
- **Term:** 22 months
## Use of funds
- **Payroll:** $306K
- **Jobs reported:** 35
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*