PPP Loan information for Biolite inc

$791,600

Biolite inc was initially approved for PPP Loan of amount $791,600, the current approved amount is $791,600. The loan was approved on 04/07/2020 by The City National Bank reported 43 jobs and $791,600 was used to fund payroll.

Biolite inc is Existing or more than 2 years old

BIOLITE INC

Date Approved

04/07/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

BIOLITE INC

Borrower Address

65 JAY ST 3RD FLOOR

Borrower City

BROOKLYN

Borrower State

NY

Borrower Zip

11201-1118

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

791600.00

Current Approval Amount

791600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4924

Servicing Lender Name

City National Bank

Servicing Lender Address

555 S Flower St

Servicing Lender City

LOS ANGELES

Servicing Lender State

CA

Servicing Lender Zip

90071-2300

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BROOKLYN

Project County Name

KINGS

Project State

NY

Project Zip

11201-1118

CD

NY-10

Jobs Reported

43

NAICS Code

335210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

757355.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

34245.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

4924

Originating Lender

City National Bank

Originating Lender City

LOS ANGELES

Originating Lender State

CA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

799277.44

Forgiveness Date

04/13/2021

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