COVID Stimulus Watch Individual Entry

Recipient Company:
BIONIK, INC
Loan or Loan Guarantee Amount:
$459,912

Recipient Details

Ownership Structure: publicly traded (ticker symbol BNKL)
Facility Street Address: 80 COOLIDGE HILL RD
Facility City: WATERTOWN
Facility State: MA
Facility Zip Code: 02472
Facility Congressional District: MA-05
Facility NAICS Code: 541712 : Research and Development in the Physical, Engineering, and Life Sciences (except Biotechnology)

Award Details

Award Date: May 1, 2020
Award Type: loan
Jobs Reported at Time of Application: 19
PPP Lender: Bank of America, National Association
Program Name: Paycheck Protection Program ($150,000 and up)
Legislation: CARES
Awarding Agency: Small Business Administration
Data Source for Award:
https://data.sba.gov/dataset/ppp-foia

Parent Company Data

Parent Company: Bionik Laboratories Corp.
Headquartered in: Canada
Parent Sector: medical equipment and supplies
Parent Industry: healthcare technology
Employees (prior to pandemic): 30

Accountability Issues Since 2010

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CEO Compensation: $1,031,769
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Details on Accountability data sources