PPP Loan information for Cbit corp

$12,068

Cbit corp was initially approved for PPP Loan of amount $12,068, the current approved amount is $12,068. The loan was approved on 01/30/2021 by The Oregon Coast Bank reported 1 jobs and $12,068 was used to fund payroll.

Cbit corp is Existing or more than 2 years old

CBIT CORP

Date Approved

01/30/2021

SBA Office Code

1086

Processing Method

PPS

Borrower Name

CBIT CORP

Borrower Address

616 NW Lee St

Borrower City

Newport

Borrower State

OR

Borrower Zip

97365-3426

Loan Status Date

01/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

12067.50

Current Approval Amount

12067.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

263238

Servicing Lender Name

Oregon Coast Bank

Servicing Lender Address

909 SE Bay Blvd

Servicing Lender City

NEWPORT

Servicing Lender State

OR

Servicing Lender Zip

97365-4102

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Newport

Project County Name

LINCOLN

Project State

OR

Project Zip

97365-3426

CD

OR-04

Jobs Reported

1

NAICS Code

453220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

12065.50

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

263238

Originating Lender

Oregon Coast Bank

Originating Lender City

NEWPORT

Originating Lender State

OR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

12163.03

Forgiveness Date

11/16/2021

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