# PPP loan: BIOLITE INC
> **$792K** approved 04/07/2020 · Paid in Full · Loan `7628937010`
## Borrower
- **Name:** BIOLITE INC
- **Address:** 65 JAY ST 3RD FLOOR, BROOKLYN, NY, 11201-1118
- **NAICS:** 335210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $792K
- **Initial approval:** $792K
- **Forgiven:** $799K (101%)
- **Forgiveness date:** 04/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $757K
- **Health care:** $34K
- **Jobs reported:** 43
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*