PPP Loan information for Bits of technology wireless internet llc

$62,097

Bits of technology wireless internet llc was initially approved for PPP Loan of amount $62,097, the current approved amount is $62,097. The loan was approved on 05/01/2020 by The Exchange State Bank reported 9 jobs and $62,097 was used to fund payroll.

Bits of technology wireless internet llc is Existing or more than 2 years old

BITS OF TECHNOLOGY WIRELESS INTERNET LLC

Date Approved

05/01/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

BITS OF TECHNOLOGY WIRELESS INTERNET LLC

Borrower Address

1020 26TH ST

Borrower City

PERRY

Borrower State

IA

Borrower Zip

50220-2378

Loan Status Date

12/04/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

62097.00

Current Approval Amount

62097.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24790

Servicing Lender Name

Exchange State Bank

Servicing Lender Address

104 Main St

Servicing Lender City

COLLINS

Servicing Lender State

IA

Servicing Lender Zip

50055-1028

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PERRY

Project County Name

DALLAS

Project State

IA

Project Zip

50220-2378

CD

IA-03

Jobs Reported

9

NAICS Code

519130

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4000.00

Payroll Proceed

50000.00

Mortgage Interest Proceed

0.00

Rent Proceed

8097.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

24790

Originating Lender

Exchange State Bank

Originating Lender City

COLLINS

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

62450.61

Forgiveness Date

11/27/2020

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