PPP Loan information for Basic traders inc

$78,585

Basic traders inc was initially approved for PPP Loan of amount $78,585, the current approved amount is $78,585. The loan was approved on 04/07/2021 by The Itria Ventures LLC reported 4 jobs and $78,585 was used to fund payroll.

Basic traders inc is Existing or more than 2 years old

BASIC TRADERS INC

Date Approved

04/07/2021

SBA Office Code

0235

Processing Method

PPS

Borrower Name

BASIC TRADERS INC

Borrower Address

7377 SOMERSET AVE

Borrower City

HICKSVILLE

Borrower State

NY

Borrower Zip

11801

Loan Status Date

11/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

78585.00

Current Approval Amount

78585.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

529471

Servicing Lender Name

Itria Ventures LLC

Servicing Lender Address

One Penn Plaza, Suite 4530

Servicing Lender City

New York

Servicing Lender State

NY

Servicing Lender Zip

10119

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HICKSVILLE

Project County Name

NASSAU

Project State

NY

Project Zip

11801

CD

NY-02

Jobs Reported

4

NAICS Code

424490

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

78584.00

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

529471

Originating Lender

Itria Ventures LLC

Originating Lender City

New York

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

79019.40

Forgiveness Date

10/29/2021

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