PPP Loan information for Bit networks llc

$40,867

Bit networks llc was initially approved for PPP Loan of amount $40,867, the current approved amount is $40,867. The loan was approved on 05/06/2020 by The The Huntington National Bank reported 1 jobs and $40,867 was used to fund payroll.

Bit networks llc is Existing or more than 2 years old

BIT NETWORKS LLC

Date Approved

05/06/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

BIT NETWORKS LLC

Borrower Address

40743 LIZABETH DR

Borrower City

sterling hts

Borrower State

MI

Borrower Zip

48313

Loan Status Date

04/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

40867.00

Current Approval Amount

40867.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

sterling hts

Project County Name

MACOMB

Project State

MI

Project Zip

48313-0899

CD

MI-10

Jobs Reported

1

NAICS Code

541618

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

40867.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

41220.81

Forgiveness Date

03/24/2021

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