PPP Loan information for Businets inc.

$153,200

Businets inc. was initially approved for PPP Loan of amount $153,200, the current approved amount is $153,200. The loan was approved on 04/14/2020 by The First-Citizens Bank & Trust Company reported 12 jobs and $153,200 was used to fund payroll.

Businets inc. is New Business or 2 years or less

BUSINETS INC.

Date Approved

04/14/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

BUSINETS INC.

Borrower Address

3701 Latimers Knoll Ct.

Borrower City

FREDERICKSBURG

Borrower State

VA

Borrower Zip

22408

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

153200.00

Current Approval Amount

153200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

FREDERICKSBURG

Project County Name

SPOTSYLVANIA

Project State

VA

Project Zip

22408-0001

CD

VA-07

Jobs Reported

12

NAICS Code

541519

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

153200.00

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

Subchapter S Corporation

Originating Lender Location Id

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

154580.90

Forgiveness Date

03/23/2021

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