PPP Loan information for Bi labs inc

$1,179,186

Bi labs inc was initially approved for PPP Loan of amount $1,179,186, the current approved amount is $1,179,186. The loan was approved on 01/16/2021 by The Marathon Bank reported 78 jobs and $1,179,186 was used to fund payroll.

Bi labs inc is Existing or more than 2 years old

BI LABS INC

Date Approved

01/16/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

BI LABS INC

Borrower Address

517 US Highway 1 S Ste 1116

Borrower City

Iselin

Borrower State

NJ

Borrower Zip

08830-3023

Loan Status Date

07/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1179185.60

Current Approval Amount

1179185.60

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

82966

Servicing Lender Name

Marathon Bank

Servicing Lender Address

500 Scott St

Servicing Lender City

WAUSAU

Servicing Lender State

WI

Servicing Lender Zip

54403-4828

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Iselin

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

08830-3023

CD

NJ-06

Jobs Reported

78

NAICS Code

541519

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1179185.60

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

82966

Originating Lender

Marathon Bank

Originating Lender City

WAUSAU

Originating Lender State

WI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1183837.73

Forgiveness Date

06/15/2021

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