PPP Loan information for Ipsecure inc

$2,000,000

Ipsecure inc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/05/2021 by The Frost Bank reported 110 jobs and $2,000,000 was used to fund payroll.

Ipsecure inc is Existing or more than 2 years old

IPSECURE INC

Date Approved

02/05/2021

SBA Office Code

0681

Processing Method

PPS

Borrower Name

IPSECURE INC

Borrower Address

12001 Network Blvd Ste 200

Borrower City

San Antonio

Borrower State

TX

Borrower Zip

78249-3355

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

71783

Servicing Lender Name

Frost Bank

Servicing Lender Address

111 W Houston St

Servicing Lender City

SAN ANTONIO

Servicing Lender State

TX

Servicing Lender Zip

78205-1414

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

San Antonio

Project County Name

BEXAR

Project State

TX

Project Zip

78249-3355

CD

TX-20

Jobs Reported

110

NAICS Code

541690

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1999998.00

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

71783

Originating Lender

Frost Bank

Originating Lender City

SAN ANTONIO

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2018246.58

Forgiveness Date

01/10/2022

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