Biomatrix Inc.

$293,700 PPP Loan in Princeton, Minnesota

Loan Details

Loan Number
1858667108
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$293,700
Current Approval
$293,700
Forgiveness Amount
$296,484
Forgiveness Date
Apr 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Biomatrix Inc.
Address
1002 16th Ave
ZIP Code
55371-2326
Business Type
Corporation
Industry (NAICS)
Manufacturing (311119)
Business Age
Existing or more than 2 years old
Jobs Reported
23
Estimated Revenue
$8.1M
Rural/Urban
Rural
Congressional District
MN-06

Loan Use Breakdown

Payroll
$245,500
Rent
$33,106
Utilities
$6,000
Health Care
$9,094

Lender Information

Servicing Lender
Midcountry Bank
Originating Lender
Midcountry Bank

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