PPP Loan information for Bitsoft international inc

$259,400

Bitsoft international inc was initially approved for PPP Loan of amount $259,400, the current approved amount is $259,400. The loan was approved on 01/23/2021 by The Union National Bank reported 15 jobs and $259,400 was used to fund payroll.

Bitsoft international inc is Existing or more than 2 years old

PPP Loan Search / IL / Aurora / Bitsoft international inc

BITSOFT INTERNATIONAL INC

Date Approved

01/23/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

BITSOFT INTERNATIONAL INC

Borrower Address

75 Executive Dr

Borrower City

Aurora

Borrower State

IL

Borrower Zip

60504-8137

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

259400.00

Current Approval Amount

259400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21320

Servicing Lender Name

Union National Bank

Servicing Lender Address

101 E Chicago St

Servicing Lender City

ELGIN

Servicing Lender State

IL

Servicing Lender Zip

60120-5583

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Aurora

Project County Name

DUPAGE

Project State

IL

Project Zip

60504-8137

CD

IL-11

Jobs Reported

15

NAICS Code

541511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

259395.00

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

21320

Originating Lender

Union National Bank

Originating Lender City

ELGIN

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

261417.56

Forgiveness Date

11/10/2021

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