# PPP loan: SCIENTIFIC APPLICATION & RESEA
> **$3.31M** approved 04/10/2020 · Paid in Full · Loan `1989977107`
## Borrower
- **Name:** SCIENTIFIC APPLICATION & RESEA
- **Address:** 6300 GATEWAY DR, CYPRESS, CA, 90630-4844
- **NAICS:** 541713
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.31M
- **Initial approval:** $3.80M
- **Forgiven:** $3.34M (101%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.57M
- **Rent:** $405K
- **Utilities:** $17K
- **Health care:** $205K
- **Debt interest:** $109K
- **Jobs reported:** 200
## Lender
- **Originating:** Pacific Premier Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*