PPP Loan information for Avid systems llc

$618,806

Avid systems llc was initially approved for PPP Loan of amount $618,806, the current approved amount is $618,806. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 35 jobs and $618,806 was used to fund payroll.

Avid systems llc is New Business or 2 years or less

PPP Loan Search / DC / WASHINGTON / Avid systems llc

AVID SYSTEMS LLC

Date Approved

05/01/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

AVID SYSTEMS LLC

Borrower Address

1420 N ST NW STE 102

Borrower City

WASHINGTON

Borrower State

DC

Borrower Zip

20005-2876

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

618806.00

Current Approval Amount

618806.00

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

New Business or 2 years or less

Project City

WASHINGTON

Project County Name

DISTRICT OF COLUMBIA

Project State

DC

Project Zip

20005-2876

CD

DC-

Jobs Reported

35

NAICS Code

541512

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

618806.00

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

Limited Liability Company(LLC)

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

622874.86

Forgiveness Date

12/31/2020

;