PPP Loan information for Bitcon corporation

$175,203

Bitcon corporation was initially approved for PPP Loan of amount $175,203, the current approved amount is $175,203. The loan was approved on 01/21/2021 by The Rockland Trust Company reported 17 jobs and $175,203 was used to fund payroll.

Bitcon corporation is Existing or more than 2 years old

BITCON CORPORATION

Date Approved

01/21/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

BITCON CORPORATION

Borrower Address

18 Popes Ln

Borrower City

Danvers

Borrower State

MA

Borrower Zip

01923-1411

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

175202.50

Current Approval Amount

175202.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33263

Servicing Lender Name

Rockland Trust Company

Servicing Lender Address

288 Union St

Servicing Lender City

ROCKLAND

Servicing Lender State

MA

Servicing Lender Zip

02370-1803

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Danvers

Project County Name

ESSEX

Project State

MA

Project Zip

01923-1411

CD

MA-06

Jobs Reported

17

NAICS Code

237310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

175199.50

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

33263

Originating Lender

Rockland Trust Company

Originating Lender City

ROCKLAND

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

176312.12

Forgiveness Date

09/14/2021

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