# PPP loan: BIOMECHANIX INC
> **$171K** approved 02/12/2021 · Paid in Full · Loan `7527628400`
## Borrower
- **Name:** BIOMECHANIX INC
- **Address:** 409 Fulton St Fl 2, Brooklyn, NY, 11201-5103
- **NAICS:** 561110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $171K
- **Initial approval:** $171K
- **Forgiven:** $173K (101%)
- **Forgiveness date:** 04/04/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $171K
- **Utilities:** $1
- **Jobs reported:** 25
## Lender
- **Originating:** Signature Bank
- **Servicing:** Signature Bank (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*