PPP Loan information for Batching systems inc

$250,000

Batching systems inc was initially approved for PPP Loan of amount $250,000, the current approved amount is $250,000. The loan was approved on 01/21/2021 by The WesBanco Bank, Inc. reported 17 jobs and $250,000 was used to fund payroll.

Batching systems inc is Existing or more than 2 years old

BATCHING SYSTEMS INC

Date Approved

01/21/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

BATCHING SYSTEMS INC

Borrower Address

50 Jibsail Dr

Borrower City

Prince Frederick

Borrower State

MD

Borrower Zip

20678-3467

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

250000.00

Current Approval Amount

250000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75497

Servicing Lender Name

WesBanco Bank, Inc.

Servicing Lender Address

1 Bank Plz

Servicing Lender City

WHEELING

Servicing Lender State

WV

Servicing Lender Zip

26003-3543

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Prince Frederick

Project County Name

CALVERT

Project State

MD

Project Zip

20678-3467

CD

MD-05

Jobs Reported

17

NAICS Code

112910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

249998.00

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

75497

Originating Lender

WesBanco Bank, Inc.

Originating Lender City

WHEELING

Originating Lender State

WV

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

252273.97

Forgiveness Date

12/22/2021

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