# PPP loan: BASIC INFORMATION TECHNOLOGY SOLUTIONS INC.
> **$278K** approved 01/21/2021 · Paid in Full · Loan `3234278302`
## Borrower
- **Name:** BASIC INFORMATION TECHNOLOGY SOLUTIONS INC.
- **Address:** 110 Harvey Ct, East Peoria, IL, 61611-4800
- **NAICS:** 541519
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $278K
- **Initial approval:** $278K
- **Forgiven:** $280K (101%)
- **Forgiveness date:** 09/22/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $278K
- **Utilities:** $1
- **Jobs reported:** 38
## Lender
- **Originating:** Citizens Equity First CU
- **Servicing:** Citizens Equity First CU (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*