PPP Loan information for Biotrial, inc.

$385,200

Biotrial, inc. was initially approved for PPP Loan of amount $413,200, the current approved amount is $385,200. The loan was approved on 05/05/2020 by The Blue Ridge Bank, National Association reported 21 jobs and $385,200 was used to fund payroll.

Biotrial, inc. is Existing or more than 2 years old

BIOTRIAL, INC.

Date Approved

05/05/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

BIOTRIAL, INC.

Borrower Address

130 Norfolk Street

Borrower City

NEWARK

Borrower State

NJ

Borrower Zip

07103

Loan Status Date

05/12/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

413200.00

Current Approval Amount

385200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124336

Servicing Lender Name

Blue Ridge Bank, National Association

Servicing Lender Address

1 E Market St Imperial Plaza

Servicing Lender City

MARTINSVILLE

Servicing Lender State

VA

Servicing Lender Zip

24112

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NEWARK

Project County Name

ESSEX

Project State

NJ

Project Zip

07103-0001

CD

NJ-10

Jobs Reported

21

NAICS Code

541714

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

38520.00

Payroll Proceed

269640.00

Mortgage Interest Proceed

57780.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

19260.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

124336

Originating Lender

Blue Ridge Bank, National Association

Originating Lender City

MARTINSVILLE

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

343128.52

Forgiveness Date

08/10/2021

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