# PPP loan: RENBIO, INC.
> **$229K** approved 05/01/2020 · Paid in Full · Loan `2724087709`
## Borrower
- **Name:** RENBIO, INC.
- **Address:** 430 E 29TH ST STE 600, NEW YORK, NY, 10016
- **NAICS:** 541711
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $229K
- **Initial approval:** $229K
- **Forgiven:** $231K (101%)
- **Forgiveness date:** 04/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $172K
- **Rent:** $29K
- **Health care:** $29K
- **Jobs reported:** 10
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*