# PPP loan: APPLIED STEMCELL INC
> **$1.35M** approved 04/16/2020 · Paid in Full · Loan `2954097206`
## Borrower
- **Name:** APPLIED STEMCELL INC
- **Address:** 521 Cottonwood Dr Ste 111, MILPITAS, CA, 95035
- **NAICS:** 621999
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $1.35M
- **Initial approval:** $1.35M
- **Forgiven:** $1.07M (79%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.35M
- **Jobs reported:** 57
## 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*