PPP Loan information for Axis technologies, inc.

$529,200

Axis technologies, inc. was initially approved for PPP Loan of amount $529,200, the current approved amount is $529,200. The loan was approved on 04/11/2020 by The Enterprise Bank and Trust Company reported 35 jobs and $529,200 was used to fund payroll.

Axis technologies, inc. is Existing or more than 2 years old

PPP Loan Search / MA / LOWELL / Axis technologies, inc.

AXIS TECHNOLOGIES, INC.

Date Approved

04/11/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

AXIS TECHNOLOGIES, INC.

Borrower Address

39 WILBUR ST

Borrower City

LOWELL

Borrower State

MA

Borrower Zip

01851-2707

Loan Status Date

11/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

529200.00

Current Approval Amount

529200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112598

Servicing Lender Name

Enterprise Bank and Trust Company

Servicing Lender Address

222 Merrimack St

Servicing Lender City

LOWELL

Servicing Lender State

MA

Servicing Lender Zip

01852-5913

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LOWELL

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01851-2707

CD

MA-03

Jobs Reported

35

NAICS Code

332710

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

529200.00

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

Subchapter S Corporation

Originating Lender Location Id

112598

Originating Lender

Enterprise Bank and Trust Company

Originating Lender City

LOWELL

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

537020.40

Forgiveness Date

10/06/2021

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