PPP Loan information for Basics cooperative

$154,400

Basics cooperative was initially approved for PPP Loan of amount $154,400, the current approved amount is $154,400. The loan was approved on 04/05/2020 by The Johnson Bank reported 24 jobs and $154,400 was used to fund payroll.

Basics cooperative is Existing or more than 2 years old

BASICS COOPERATIVE

Date Approved

04/05/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

BASICS COOPERATIVE

Borrower Address

1711 LODGE DR

Borrower City

JANESVILLE

Borrower State

WI

Borrower Zip

53545-0261

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

154400.00

Current Approval Amount

154400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77025

Servicing Lender Name

Johnson Bank

Servicing Lender Address

555 Main St

Servicing Lender City

RACINE

Servicing Lender State

WI

Servicing Lender Zip

53403-1032

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

JANESVILLE

Project County Name

ROCK

Project State

WI

Project Zip

53545-0261

CD

WI-01

Jobs Reported

24

NAICS Code

445110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

154400.00

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

77025

Originating Lender

Johnson Bank

Originating Lender City

RACINE

Originating Lender State

WI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

155605.59

Forgiveness Date

01/28/2021

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