PPP Loan information for Bi-state business solutions inc

$208,500

Bi-state business solutions inc was initially approved for PPP Loan of amount $225,400, the current approved amount is $208,500. The loan was approved on 04/05/2020 by The De Witt Bank & Trust Co. reported 20 jobs and $208,500 was used to fund payroll.

Bi-state business solutions inc is Existing or more than 2 years old

BI-STATE BUSINESS SOLUTIONS INC

Date Approved

04/05/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

BI-STATE BUSINESS SOLUTIONS INC

Borrower Address

21130 Holden Drive

Borrower City

DAVENPORT

Borrower State

IA

Borrower Zip

52806-9314

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

225400.00

Current Approval Amount

208500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24909

Servicing Lender Name

De Witt Bank & Trust Co.

Servicing Lender Address

815 6th Ave

Servicing Lender City

DE WITT

Servicing Lender State

IA

Servicing Lender Zip

52742-1328

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DAVENPORT

Project County Name

SCOTT

Project State

IA

Project Zip

52806-9314

CD

IA-01

Jobs Reported

20

NAICS Code

453998

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

208500.00

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

24909

Originating Lender

De Witt Bank & Trust Co.

Originating Lender City

DE WITT

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

209681.50

Forgiveness Date

11/05/2020

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