# PPP loan: BIOTEK REMEDYS INC.
> **$923K** approved 04/15/2020 · Paid in Full · Loan `8390247106`
## Borrower
- **Name:** BIOTEK REMEDYS INC.
- **Address:** 2 Penns Way #404, New Castle, DE, 19720
- **NAICS:** 446110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $923K
- **Initial approval:** $923K
- **Forgiven:** $929K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $647K
- **Rent:** $56K
- **Utilities:** $40K
- **Health care:** $180K
- **Jobs reported:** 96
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*