# PPP loan: TOPICAL BIOMEDICS, INC.
> **$247K** approved 01/17/2021 · Paid in Full · Loan `1347878302`
## Borrower
- **Name:** TOPICAL BIOMEDICS, INC.
- **Address:** 306 Vandale Rd, West Hurley, NY, 12491-5314
- **NAICS:** 325411
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $247K
- **Initial approval:** $287K
- **Forgiven:** $252K (102%)
- **Forgiveness date:** 12/14/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $247K
- **Utilities:** $1
- **Jobs reported:** 12
## Lender
- **Originating:** Newtek Small Business Finance, Inc.
- **Servicing:** Newtek Small Business Finance, Inc. (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*