PPP Loan information for Federal soft systems inc.

$2,342,725

Federal soft systems inc. was initially approved for PPP Loan of amount $2,342,725, the current approved amount is $2,342,725. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 160 jobs and $2,342,725 was used to fund payroll.

Federal soft systems inc. is New Business or 2 years or less

FEDERAL SOFT SYSTEMS INC.

Date Approved

05/01/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

FEDERAL SOFT SYSTEMS INC.

Borrower Address

3101 SW I ST STE 31

Borrower City

BENTONVILLE

Borrower State

AR

Borrower Zip

72712-9165

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2342725.00

Current Approval Amount

2342725.00

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

BENTONVILLE

Project County Name

BENTON

Project State

AR

Project Zip

72712-9165

CD

AR-03

Jobs Reported

160

NAICS Code

541511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2342725.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2368398.70

Forgiveness Date

06/09/2021

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