PPP Loan information for Biotec incorporated

$354,777

Biotec incorporated was initially approved for PPP Loan of amount $354,777, the current approved amount is $354,777. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 31 jobs and $354,777 was used to fund payroll.

Biotec incorporated is Existing or more than 2 years old

BIOTEC INCORPORATED

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

BIOTEC INCORPORATED

Borrower Address

652 E Main Ave

Borrower City

Zeeland

Borrower State

MI

Borrower Zip

49464

Loan Status Date

05/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

354777.00

Current Approval Amount

354777.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Zeeland

Project County Name

OTTAWA

Project State

MI

Project Zip

49464-0001

CD

MI-02

Jobs Reported

31

NAICS Code

339114

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5834.00

Payroll Proceed

283821.00

Mortgage Interest Proceed

0.00

Rent Proceed

39989.00

Refinance EIDL Proceed

0.00

Health Care Proceed

25133.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

358224.84

Forgiveness Date

04/26/2021

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