PPP Loan information for Bio-foods, ltd.

$47,827

Bio-foods, ltd. was initially approved for PPP Loan of amount $47,827, the current approved amount is $47,827. The loan was approved on 05/07/2020 by The Cross River Bank reported 5 jobs and $47,827 was used to fund payroll.

Bio-foods, ltd. is Existing or more than 2 years old

BIO-FOODS, LTD.

Date Approved

05/07/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

BIO-FOODS, LTD.

Borrower Address

104 Bloomfield Avenue

Borrower City

Towaco

Borrower State

NJ

Borrower Zip

07058

Loan Status Date

03/23/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

47827.00

Current Approval Amount

47827.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Towaco

Project County Name

MORRIS

Project State

NJ

Project Zip

07058-0100

CD

NJ-11

Jobs Reported

5

NAICS Code

325411

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

47827.00

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

529113

Originating Lender

Kabbage, Inc.

Originating Lender City

Atlanta

Originating Lender State

GA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

48627.61

Forgiveness Date

01/13/2022

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