PPP Loan information for Biomatrix inc.

$293,700

Biomatrix inc. was initially approved for PPP Loan of amount $293,700, the current approved amount is $293,700. The loan was approved on 04/10/2020 by The MidCountry Bank reported 23 jobs and $293,700 was used to fund payroll.

Biomatrix inc. is Existing or more than 2 years old

PPP Loan Search / MN / PRINCETON / Biomatrix inc.

BIOMATRIX INC.

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

BIOMATRIX INC.

Borrower Address

1002 16TH AVE

Borrower City

PRINCETON

Borrower State

MN

Borrower Zip

55371-2326

Loan Status Date

05/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

293700.00

Current Approval Amount

293700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

80291

Servicing Lender Name

MidCountry Bank

Servicing Lender Address

7825 Washington Ave South, Ste 120

Servicing Lender City

BLOOMINGTON

Servicing Lender State

MN

Servicing Lender Zip

55439-2431

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PRINCETON

Project County Name

SHERBURNE

Project State

MN

Project Zip

55371-2326

CD

MN-06

Jobs Reported

23

NAICS Code

311119

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

6000.00

Payroll Proceed

245500.00

Mortgage Interest Proceed

0.00

Rent Proceed

33106.00

Refinance EIDL Proceed

0.00

Health Care Proceed

9094.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

80291

Originating Lender

MidCountry Bank

Originating Lender City

BLOOMINGTON

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

296484.12

Forgiveness Date

04/02/2021

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