PPP Loan information for Binary techs inc

$20,690

Binary techs inc was initially approved for PPP Loan of amount $20,690, the current approved amount is $20,690. The loan was approved on 04/16/2021 by The Cache Valley Bank reported 2 jobs and $20,690 was used to fund payroll.

Binary techs inc is Existing or more than 2 years old

BINARY TECHS INC

Date Approved

04/16/2021

SBA Office Code

0508

Processing Method

PPP

Borrower Name

BINARY TECHS INC

Borrower Address

3059 212th St W

Borrower City

Farmington

Borrower State

MN

Borrower Zip

55024-9762

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20690.00

Current Approval Amount

20690.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72251

Servicing Lender Name

Cache Valley Bank

Servicing Lender Address

101 N Main St

Servicing Lender City

LOGAN

Servicing Lender State

UT

Servicing Lender Zip

84321-4525

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Farmington

Project County Name

DAKOTA

Project State

MN

Project Zip

55024-9762

CD

MN-02

Jobs Reported

2

NAICS Code

541512

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

20684.00

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

72251

Originating Lender

Cache Valley Bank

Originating Lender City

LOGAN

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;