ANN ARBOR, MICHIGAN, June 23rd, 2020— Ecovia Renewables Inc., a Michigan-based biotechnology company focused on the research and development of high-performing biobased materials and ingredients, announced today that it was the recipient of a $148,000 loan under the US Small Business Administration's Paycheck Protection Program (PPP) to help small businesses weather the impact of COVID-19. This loan could qualify for partial or complete forgiveness if Ecovia meets certain conditions under the revised terms of the PPP Flexibility Act, as signed into law on June 5th, 2020.