# PPP loan: TRI-STATE BIOLOGICS INC.
> **$167K** approved 05/01/2020 · Paid in Full · Loan `9324007307`
## Borrower
- **Name:** TRI-STATE BIOLOGICS INC.
- **Address:** 700 plaza drive suite 215, secaucus, NJ, 07094
- **NAICS:** 622110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $167K
- **Initial approval:** $167K
- **Forgiven:** $170K (102%)
- **Forgiveness date:** 12/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $152K
- **Rent:** $7K
- **Utilities:** $3K
- **Health care:** $5K
- **Jobs reported:** 19
## Lender
- **Originating:** American Express National Bank
- **Servicing:** American Express National Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*