PPP Loan information for Emergtech business solutions inc

$238,600

Emergtech business solutions inc was initially approved for PPP Loan of amount $238,600, the current approved amount is $238,600. The loan was approved on 04/15/2020 by The Customers Bank reported 15 jobs and $238,600 was used to fund payroll.

Emergtech business solutions inc is Existing or more than 2 years old

EMERGTECH BUSINESS SOLUTIONS INC

Date Approved

04/15/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

EMERGTECH BUSINESS SOLUTIONS INC

Borrower Address

38345 West 10 Mile Road

Borrower City

Farmington Hills

Borrower State

MI

Borrower Zip

48335

Loan Status Date

06/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

238600.00

Current Approval Amount

238600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Farmington Hills

Project County Name

OAKLAND

Project State

MI

Project Zip

48335-0899

CD

MI-11

Jobs Reported

15

NAICS Code

453998

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

238600.00

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

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

241038.30

Forgiveness Date

05/17/2021

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