# PPP loan: BIOPAC SYSTEMS, INC.
> **$894K** approved 04/13/2020 · Paid in Full · Loan `5314577105`
## Borrower
- **Name:** BIOPAC SYSTEMS, INC.
- **Address:** 42 Aero Camino, GOLETA, CA, 93117-3105
- **NAICS:** 334519
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $894K
- **Initial approval:** $894K
- **Forgiven:** $903K (101%)
- **Forgiveness date:** 05/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $894K
- **Jobs reported:** 48
## Lender
- **Originating:** Pacific Premier Bank
- **Servicing:** Loan Source Incorporated (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*