# PPP loan: RDX BIOSCIENCE INC.
> **$750K** approved 01/25/2021 · Paid in Full · Loan `5663288302`
## Borrower
- **Name:** RDX BIOSCIENCE INC.
- **Address:** 629 Springfield Rd, Kenilworth, NJ, 07033-1079
- **NAICS:** 621511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $750K
- **Initial approval:** $750K
- **Forgiven:** $757K (101%)
- **Forgiveness date:** 12/14/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $750K
- **Utilities:** $1
- **Jobs reported:** 147
## Lender
- **Originating:** Hanover Community Bank
- **Servicing:** Hanover Community Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*