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0.0604026845637584 0.0604026845637584 0.0604026845637584 0.0361073825503356 0.0536241610738256 0.0262416107382551 0.0419463087248322 0.0419463087248322
Stock impact report

STRATA Skin Sciences, Inc. Receives Forgivable Loan Under the Paycheck Protection Program

Strata Skin Sciences, Inc. (SSKN) 
Last strata skin sciences, inc. earnings: 3/17 08:00 am Check Earnings Report
US:NASDAQ Investor Relations: melasciences.com/investors/home
Company Research Source: GlobeNewswire
$2.0 million forgivable loan receivedProvides further business update - Initiating the Patient Outreach Program HORSHAM, Pa., April 27, 2020 (GLOBE NEWSWIRE) -- STRATA Skin Sciences, Inc. (NASDAQ: SSKN) (“STRATA” or the “Company”), a medical technology company in Dermatology and Plastic Surgery dedicated to developing, commercializing and marketing innovative products for the treatment of dermatologic conditions, today announced it received a loan of approximately $2.0 million (the “PPP loan”) from Republic Bank, as lender, pursuant to the Paycheck Protection Program (“PPP”) of the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”) on April 22, 2020. The PPP loan matures on May 1, 2022 and bears an interest rate of 1.0% per annum. Payments of principal and interest of any unforgiven balance commence December 1, 2020. All or a portion of the PPP loan may be forgiven by the lender upon application by STRATA beginning 60 days but not later than 120 days after loan a Show less Read more
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