PPP Loan information for Business information systems, inc.

$181,500

Business information systems, inc. was initially approved for PPP Loan of amount $181,500, the current approved amount is $181,500. The loan was approved on 04/03/2020 by The The First Bank and Trust Company reported 12 jobs and $181,500 was used to fund payroll.

Business information systems, inc. is Existing or more than 2 years old

BUSINESS INFORMATION SYSTEMS, INC.

Date Approved

04/03/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

BUSINESS INFORMATION SYSTEMS, INC.

Borrower Address

333 INDUSTRIAL PARK RD

Borrower City

PINEY FLATS

Borrower State

TN

Borrower Zip

37686-4418

Loan Status Date

01/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

181500.00

Current Approval Amount

181500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73510

Servicing Lender Name

The First Bank and Trust Company

Servicing Lender Address

359 W Main St

Servicing Lender City

LEBANON

Servicing Lender State

VA

Servicing Lender Zip

24266

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PINEY FLATS

Project County Name

SULLIVAN

Project State

TN

Project Zip

37686-4418

CD

TN-01

Jobs Reported

12

NAICS Code

541519

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

181500.00

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

73510

Originating Lender

The First Bank and Trust Company

Originating Lender City

LEBANON

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

182699.92

Forgiveness Date

12/08/2020

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