PPP Loan information for Bitsio inc

$194,500

Bitsio inc was initially approved for PPP Loan of amount $194,500, the current approved amount is $194,500. The loan was approved on 04/06/2020 by The Prairie State Bank and Trust reported 11 jobs and $194,500 was used to fund payroll.

Bitsio inc is Existing or more than 2 years old

PPP Loan Search / IL / SPRINGFIELD / Bitsio inc

BITSIO INC

Date Approved

04/06/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

BITSIO INC

Borrower Address

920 S Spring ST Suite 1200

Borrower City

SPRINGFIELD

Borrower State

IL

Borrower Zip

62704-2725

Loan Status Date

12/04/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

194500.00

Current Approval Amount

194500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22131

Servicing Lender Name

Prairie State Bank and Trust

Servicing Lender Address

3751 W Wabash Ave

Servicing Lender City

SPRINGFIELD

Servicing Lender State

IL

Servicing Lender Zip

62711-6261

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SPRINGFIELD

Project County Name

SANGAMON

Project State

IL

Project Zip

62704-2725

CD

IL-13

Jobs Reported

11

NAICS Code

541519

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

194500.00

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

22131

Originating Lender

Prairie State Bank and Trust

Originating Lender City

SPRINGFIELD

Originating Lender State

IL

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

195591.36

Forgiveness Date

11/03/2020

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