PPP Loan information for Bip inc

$29,344

Bip inc was initially approved for PPP Loan of amount $29,344, the current approved amount is $29,344. The loan was approved on 01/28/2021 by The Deerwood Bank reported 4 jobs and $29,344 was used to fund payroll.

Bip inc is Existing or more than 2 years old

BIP INC

Date Approved

01/28/2021

SBA Office Code

0508

Processing Method

PPP

Borrower Name

BIP INC

Borrower Address

31164 115th Ave

Borrower City

Saint Joseph

Borrower State

MN

Borrower Zip

56374-9404

Loan Status Date

11/02/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

29344.00

Current Approval Amount

29344.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36772

Servicing Lender Name

Deerwood Bank

Servicing Lender Address

131 6th Ave South, Ste 100

Servicing Lender City

WAITE PARK

Servicing Lender State

MN

Servicing Lender Zip

56387-1360

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Saint Joseph

Project County Name

STEARNS

Project State

MN

Project Zip

56374-9404

CD

MN-06

Jobs Reported

4

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

29341.00

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

Subchapter S Corporation

Originating Lender Location Id

36772

Originating Lender

Deerwood Bank

Originating Lender City

WAITE PARK

Originating Lender State

MN

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

29524.14

Forgiveness Date

09/15/2021

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