PPP Loan information for Qbit llc

$15,416

Qbit llc was initially approved for PPP Loan of amount $15,416, the current approved amount is $15,416. The loan was approved on 04/16/2020 by The Cross River Bank reported 2 jobs and $15,416 was used to fund payroll.

Qbit llc is New Business or 2 years or less

QBIT LLC

Date Approved

04/16/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

QBIT LLC

Borrower Address

25 1st AVE SW STE A

Borrower City

WATERTOWN

Borrower State

SD

Borrower Zip

57201

Loan Status Date

08/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

15416.00

Current Approval Amount

15416.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

WATERTOWN

Project County Name

CODINGTON

Project State

SD

Project Zip

57201-0001

CD

SD-

Jobs Reported

2

NAICS Code

541511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

15416.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

15611.13

Forgiveness Date

07/28/2021

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