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 04/27/2020 by The WesBanco Bank, Inc. reported 17 jobs and $250,000 was used to fund payroll.

Batching systems inc is New Business or 2 years or less

PPP Loan Search / MD / PRINCE FREDERICK / Batching systems inc

BATCHING SYSTEMS INC

Date Approved

04/27/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

BATCHING SYSTEMS INC

Borrower Address

50 JIBSIAL DR

Borrower City

PRINCE FREDERICK

Borrower State

MD

Borrower Zip

20678

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

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

New Business or 2 years or less

Project City

PRINCE FREDERICK

Project County Name

CALVERT

Project State

MD

Project Zip

20678-0001

CD

MD-05

Jobs Reported

17

NAICS Code

112910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

250000.00

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

251842.47

Forgiveness Date

01/25/2021

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