# PPP loan: BIODIRECT INC.
> **$354K** approved 04/13/2020 · Paid in Full · Loan `4409477108`
## Borrower
- **Name:** BIODIRECT INC.
- **Address:** 245 CONSTITUTION DR, TAUNTON, MA, 02780-7354
- **NAICS:** 423490
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $354K
- **Initial approval:** $354K
- **Forgiven:** $356K (101%)
- **Forgiveness date:** 12/04/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $259K
- **Mortgage interest:** $48K
- **Utilities:** $48K
- **Jobs reported:** 20
## Lender
- **Originating:** Bristol County Savings Bank
- **Servicing:** Bristol County Savings Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*