# PPP loan: GRACE BIO-LABS, INC.
> **$822K** approved 01/16/2021 · Paid in Full · Loan `1011578302`
## Borrower
- **Name:** GRACE BIO-LABS, INC.
- **Address:** 1015 SW Emkay Dr, Bend, OR, 97702-1010
- **NAICS:** 541714
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $822K
- **Initial approval:** $822K
- **Forgiven:** $827K (101%)
- **Forgiveness date:** 09/20/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $822K
- **Utilities:** $1
- **Jobs reported:** 40
## Lender
- **Originating:** Summit Bank
- **Servicing:** Summit Bank (OR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*