PPP Loan information for Bchannels, inc

$240,130

Bchannels, inc was initially approved for PPP Loan of amount $240,130, the current approved amount is $240,130. The loan was approved on 05/04/2020 by The Cache Valley Bank reported 23 jobs and $240,130 was used to fund payroll.

Bchannels, inc is Existing or more than 2 years old

BCHANNELS, INC

Date Approved

05/04/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

BCHANNELS, INC

Borrower Address

1411 W 1250 S SUITE 102

Borrower City

OREM

Borrower State

UT

Borrower Zip

84058

Loan Status Date

01/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

240130.00

Current Approval Amount

240130.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72251

Servicing Lender Name

Cache Valley Bank

Servicing Lender Address

101 N Main St

Servicing Lender City

LOGAN

Servicing Lender State

UT

Servicing Lender Zip

84321-4525

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OREM

Project County Name

UTAH

Project State

UT

Project Zip

84058-0001

CD

UT-03

Jobs Reported

23

NAICS Code

541613

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

240130.00

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

72251

Originating Lender

Cache Valley Bank

Originating Lender City

LOGAN

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

241430.70

Forgiveness Date

11/25/2020

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