PPP Loan information for Bit construction llc

$347,334

Bit construction llc was initially approved for PPP Loan of amount $347,334, the current approved amount is $347,334. The loan was approved on 04/10/2020 by The Pioneer Community Bank, Inc. reported 18 jobs and $347,334 was used to fund payroll.

Bit construction llc is Existing or more than 2 years old

BIT CONSTRUCTION LLC

Date Approved

04/10/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

BIT CONSTRUCTION LLC

Borrower Address

1183 Dry Hill Road

Borrower City

BECKLEY

Borrower State

WV

Borrower Zip

25801-2109

Loan Status Date

12/09/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

347333.87

Current Approval Amount

347333.87

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75177

Servicing Lender Name

Pioneer Community Bank, Inc.

Servicing Lender Address

5229 Coal Heritage Rd

Servicing Lender City

IAEGER

Servicing Lender State

WV

Servicing Lender Zip

24844

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BECKLEY

Project County Name

RALEIGH

Project State

WV

Project Zip

25801-2109

CD

WV-01

Jobs Reported

18

NAICS Code

236118

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

347333.87

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

75177

Originating Lender

Pioneer Community Bank, Inc.

Originating Lender City

IAEGER

Originating Lender State

WV

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

349292.45

Forgiveness Date

11/05/2020

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