# PPP loan: QUINTESSENTIAL BIOSCIENCES, INC
> **$476K** approved 04/09/2020 · Paid in Full · Loan `8873757002`
## Borrower
- **Name:** QUINTESSENTIAL BIOSCIENCES, INC
- **Address:** 365 Garden Grove Lane, PLEASANT GROVE, UT, 84062-3353
- **NAICS:** 541711
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $476K
- **Initial approval:** $476K
- **Forgiven:** $480K (101%)
- **Forgiveness date:** 03/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $415K
- **Rent:** $61K
- **Jobs reported:** 70
## Lender
- **Originating:** Cache Valley Bank
- **Servicing:** Cache Valley Bank (UT)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*