PPP Loan information for Bic auction, inc

$40,200

Bic auction, inc was initially approved for PPP Loan of amount $40,200, the current approved amount is $40,200. The loan was approved on 05/01/2020 by The Wayland State Bank reported 3 jobs and $40,200 was used to fund payroll.

Bic auction, inc is Existing or more than 2 years old

BIC AUCTION, INC

Date Approved

05/01/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

BIC AUCTION, INC

Borrower Address

301 EAST HENRY ST

Borrower City

MOUNT PLEASANT

Borrower State

IA

Borrower Zip

52641-1707

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

40200.00

Current Approval Amount

40200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25565

Servicing Lender Name

Wayland State Bank

Servicing Lender Address

301 S Main

Servicing Lender City

MOUNT PLEASANT

Servicing Lender State

IA

Servicing Lender Zip

52641-2226

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOUNT PLEASANT

Project County Name

HENRY

Project State

IA

Project Zip

52641-1707

CD

IA-01

Jobs Reported

3

NAICS Code

454110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

40200.00

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

Subchapter S Corporation

Originating Lender Location Id

25565

Originating Lender

Wayland State Bank

Originating Lender City

MOUNT PLEASANT

Originating Lender State

IA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

40453.48

Forgiveness Date

12/22/2020

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