Biotec Incorporated

$354,777 PPP Loan in Zeeland, Michigan

Loan Details

Loan Number
1706207710
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$354,777
Current Approval
$354,777
Forgiveness Amount
$358,225
Forgiveness Date
Apr 26, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Biotec Incorporated
Address
652 E Main Ave
ZIP Code
49464
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (339114)
Business Age
Existing or more than 2 years old
Jobs Reported
31
Estimated Revenue
$8.7M
Rural/Urban
Urban
Congressional District
MI-02

Loan Use Breakdown

Payroll
$283,821
Rent
$39,989
Utilities
$5,834
Health Care
$25,133

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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