BIO-TOWN SEEDS INC. (IN) - 2020 PPP Loan Borrower Profile (# 7644008608)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BIO-TOWN SEEDS 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

7644008608

SBA Office Code

0562

Processing Method

PPS

Curent Loan Amount

$108,958.74

Date Loan was Approved

Mar 24, 2021

Amount Forgiven

$109,863.25

Date Loan was Forgiven

Jan 28, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

108,953.74

Lender

First Merchants Bank

Business Detail

Business Type

Corporation

NAICS

424910

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.