Biospherix, Ltd.

$817,500 PPP Loan in Redfield, New York

Loan Details

Loan Number
9089017102
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$817,500
Current Approval
$817,500
Forgiveness Amount
$824,891
Forgiveness Date
Mar 18, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Biospherix, Ltd.
Address
6678 County Route 17
ZIP Code
13437
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (334516)
Business Age
Existing or more than 2 years old
Jobs Reported
51
Estimated Revenue
$13.4M
Rural/Urban
Rural
Congressional District
NY-24

Loan Use Breakdown

Payroll
$688,782
Rent
$10,000
Utilities
$14,014
Health Care
$91,512
Debt Interest
$13,192

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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