PPP Loan information for Application corporation

$42,842

Application corporation was initially approved for PPP Loan of amount $42,842, the current approved amount is $42,842. The loan was approved on 03/06/2021 by The Bank of America, National Association reported 3 jobs and $42,842 was used to fund payroll.

Application corporation is Existing or more than 2 years old

APPLICATION CORPORATION

Date Approved

03/06/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

APPLICATION CORPORATION

Borrower Address

1201 Seven Locks Rd Ste 360

Borrower City

Potomac

Borrower State

MD

Borrower Zip

20854-6901

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

42842.00

Current Approval Amount

42842.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Potomac

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20854-6901

CD

MD-08

Jobs Reported

3

NAICS Code

541519

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

42840.00

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

Corporation

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

43049.75

Forgiveness Date

09/01/2021

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