PPP Loan information for Binc inc

$2,000,000

Binc inc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 01/29/2021 by The JPMorgan Chase Bank, National Association reported 81 jobs and $2,000,000 was used to fund payroll.

Binc inc is Existing or more than 2 years old

BINC INC

Date Approved

01/29/2021

SBA Office Code

0914

Processing Method

PPS

Borrower Name

BINC INC

Borrower Address

1633 ventura blvd

Borrower City

Encino

Borrower State

CA

Borrower Zip

91436

Loan Status Date

10/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Encino

Project County Name

LOS ANGELES

Project State

CA

Project Zip

91436

CD

CA-30

Jobs Reported

81

NAICS Code

561311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1999998.00

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

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1286005.12

Forgiveness Date

03/29/2022

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