PPP Loan information for Basnet inc

$72,114

Basnet inc was initially approved for PPP Loan of amount $91,308, the current approved amount is $72,114. The loan was approved on 03/05/2021 by The U.S. Bank, National Association reported 13 jobs and $72,114 was used to fund payroll.

Basnet inc is Existing or more than 2 years old

PPP Loan Search / IA / WDM / Basnet inc

BASNET INC

Date Approved

03/05/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

BASNET INC

Borrower Address

3701 EP PKWY

Borrower City

WDM

Borrower State

IA

Borrower Zip

50265

Loan Status Date

11/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

91308.00

Current Approval Amount

72114.00

Undisbursed Amount

0.00

Franchise Name

Subway

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WDM

Project County Name

POLK

Project State

IA

Project Zip

50265

CD

IA-03

Jobs Reported

13

NAICS Code

722513

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

72110.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

72540.67

Forgiveness Date

10/08/2021

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