BIO TOWN AG, INC. (IN) - 2020 PPP Loan Borrower Profile (# 7216107110)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BIO TOWN AG, INC.. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Indiana.

Loan Detail

Loan Number

7216107110

SBA Office Code

0562

Processing Method

PPP

Curent Loan Amount

$642,900

Date Loan was Approved

Apr 14, 2020

Amount Forgiven

$646,581.26

Date Loan was Forgiven

Nov 12, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

642,900

Lender

First Farmers Bank & Trust Co.

Business Detail

Business Type

Subchapter S Corporation

NAICS

221117

Borrower Location

REYNOLDS, IN

Project Location

REYNOLDS, IN

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.