# PPP loan: APPLIED STEMCELL INC.
> **$500K** approved 02/06/2021 · Paid in Full · Loan `4172788409`
## Borrower
- **Name:** APPLIED STEMCELL INC.
- **Address:** 521 Cottonwood Dr Ste 111, Milpitas, CA, 95035-7467
- **NAICS:** 541714
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $500K
- **Initial approval:** $500K
- **Forgiven:** $503K (101%)
- **Forgiveness date:** 09/28/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $500K
- **Utilities:** $1
- **Jobs reported:** 31
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*