# PPP loan: EQUITECH-BIO INC
> **$217K** approved 04/28/2020 · Paid in Full · Loan `1850207301`
## Borrower
- **Name:** EQUITECH-BIO INC
- **Address:** 512 COTTON GIN LN, KERRVILLE, TX, 78028-9376
- **NAICS:** 541711
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $217K
- **Initial approval:** $217K
- **Forgiven:** $218K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $217K
- **Jobs reported:** 27
## Lender
- **Originating:** Broadway National Bank
- **Servicing:** Broadway National Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*