PPP Loan information for Factor technology inc

$96,300

Factor technology inc was initially approved for PPP Loan of amount $96,300, the current approved amount is $96,300. The loan was approved on 04/08/2020 by The Blue Ridge Bank, National Association reported 7 jobs and $96,300 was used to fund payroll.

Factor technology inc is Existing or more than 2 years old

FACTOR TECHNOLOGY INC

Date Approved

04/08/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

FACTOR TECHNOLOGY INC

Borrower Address

51 FAIRFIELD ST, APT 3

Borrower City

CAMBRIDGE

Borrower State

MA

Borrower Zip

02140-1910

Loan Status Date

09/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

96300.00

Current Approval Amount

96300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124336

Servicing Lender Name

Blue Ridge Bank, National Association

Servicing Lender Address

1 E Market St Imperial Plaza

Servicing Lender City

MARTINSVILLE

Servicing Lender State

VA

Servicing Lender Zip

24112

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CAMBRIDGE

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02140-1910

CD

MA-07

Jobs Reported

7

NAICS Code

511210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

96300.00

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

124336

Originating Lender

Blue Ridge Bank, National Association

Originating Lender City

MARTINSVILLE

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

97562.60

Forgiveness Date

08/02/2021

;