PPP Loan information for Bphase inc

$55,000

Bphase inc was initially approved for PPP Loan of amount $55,000, the current approved amount is $55,000. The loan was approved on 05/01/2020 by The Regions Bank reported 5 jobs and $55,000 was used to fund payroll.

Bphase inc is Existing or more than 2 years old

BPHASE INC

Date Approved

05/01/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

BPHASE INC

Borrower Address

389 North Pine Street,

Borrower City

Whitwell

Borrower State

TN

Borrower Zip

37397

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

55000.00

Current Approval Amount

55000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Whitwell

Project County Name

MARION

Project State

TN

Project Zip

37397-0001

CD

TN-04

Jobs Reported

5

NAICS Code

561990

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

55000.00

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

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

55590.68

Forgiveness Date

06/04/2021

;