# PPP loan: BIOMATRIX INC.
> **$294K** approved 04/10/2020 · Paid in Full · Loan `1858667108`
## Borrower
- **Name:** BIOMATRIX INC.
- **Address:** 1002 16TH AVE, PRINCETON, MN, 55371-2326
- **NAICS:** 311119
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $294K
- **Initial approval:** $294K
- **Forgiven:** $296K (101%)
- **Forgiveness date:** 04/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $246K
- **Rent:** $33K
- **Utilities:** $6K
- **Health care:** $9K
- **Jobs reported:** 23
## Lender
- **Originating:** MidCountry Bank
- **Servicing:** MidCountry Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*