PPP Loan information for B.i.t.'s inc.

$34,200

B.i.t.'s inc. was initially approved for PPP Loan of amount $34,200, the current approved amount is $34,200. The loan was approved on 04/05/2020 by The The Washington Trust Company of Westerly reported 8 jobs and $34,200 was used to fund payroll.

B.i.t.'s inc. is Existing or more than 2 years old

B.I.T.'S INC.

Date Approved

04/05/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

B.I.T.'S INC.

Borrower Address

26 Water Street

Borrower City

BLOCK ISLAND

Borrower State

RI

Borrower Zip

02807-7713

Loan Status Date

01/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

34200.00

Current Approval Amount

34200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

65777

Servicing Lender Name

The Washington Trust Company of Westerly

Servicing Lender Address

23 Broad St

Servicing Lender City

WESTERLY

Servicing Lender State

RI

Servicing Lender Zip

02891-1879

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BLOCK ISLAND

Project County Name

WASHINGTON

Project State

RI

Project Zip

02807-7713

CD

RI-02

Jobs Reported

8

NAICS Code

453220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

34200.00

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

65777

Originating Lender

The Washington Trust Company of Westerly

Originating Lender City

WESTERLY

Originating Lender State

RI

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

32413.77

Forgiveness Date

12/17/2020

;