PPP Loan information for Bits llc

$24,700

Bits llc was initially approved for PPP Loan of amount $24,700, the current approved amount is $24,700. The loan was approved on 04/11/2020 by The United Bank reported 20 jobs and $24,700 was used to fund payroll.

Bits llc is Existing or more than 2 years old

BITS LLC

Date Approved

04/11/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

BITS LLC

Borrower Address

444 Chestnut Street

Borrower City

MORGANTOWN

Borrower State

WV

Borrower Zip

26505-5512

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

24700.00

Current Approval Amount

24700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73259

Servicing Lender Name

United Bank

Servicing Lender Address

11185 Fairfax Blvd

Servicing Lender City

FAIRFAX

Servicing Lender State

VA

Servicing Lender Zip

22030-5049

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MORGANTOWN

Project County Name

MONONGALIA

Project State

WV

Project Zip

26505-5512

CD

WV-02

Jobs Reported

20

NAICS Code

722410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

24700.00

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

73259

Originating Lender

United Bank

Originating Lender City

FAIRFAX

Originating Lender State

VA

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

24890.74

Forgiveness Date

01/28/2021

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