PPP Loan information for Bitcon corporation

$248,490

Bitcon corporation was initially approved for PPP Loan of amount $248,490, the current approved amount is $248,490. The loan was approved on 04/15/2020 by The Cross River Bank reported 19 jobs and $248,490 was used to fund payroll.

Bitcon corporation is Existing or more than 2 years old

BITCON CORPORATION

Date Approved

04/15/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

BITCON CORPORATION

Borrower Address

18 Popes Lane

Borrower City

Danvers

Borrower State

MA

Borrower Zip

01923

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

248490.00

Current Approval Amount

248490.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

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

01923-0001

CD

MA-06

Jobs Reported

19

NAICS Code

236210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

248490.00

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

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

250348.57

Forgiveness Date

01/20/2021

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