PPP Loan information for Converge technology inc

$195,000

Converge technology inc was initially approved for PPP Loan of amount $195,000, the current approved amount is $195,000. The loan was approved on 03/01/2021 by The Truist Bank reported 9 jobs and $195,000 was used to fund payroll.

Converge technology inc is Existing or more than 2 years old

PPP Loan Search / VA / Herndon / Converge technology inc

CONVERGE TECHNOLOGY INC

Date Approved

03/01/2021

SBA Office Code

0353

Processing Method

PPP

Borrower Name

CONVERGE TECHNOLOGY INC

Borrower Address

2551 Dulles View Dr Ste 325

Borrower City

Herndon

Borrower State

VA

Borrower Zip

20171-6501

Loan Status Date

04/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

195000.00

Current Approval Amount

195000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Herndon

Project County Name

FAIRFAX

Project State

VA

Project Zip

20171-6501

CD

VA-11

Jobs Reported

9

NAICS Code

541512

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

194997.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

197015.00

Forgiveness Date

03/17/2022

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