PPP Loan information for Loadspring solutions inc

$1,500,000

Loadspring solutions inc was initially approved for PPP Loan of amount $1,500,000, the current approved amount is $1,500,000. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 60 jobs and $1,500,000 was used to fund payroll.

Loadspring solutions inc is New Business or 2 years or less

LOADSPRING SOLUTIONS INC

Date Approved

05/01/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

LOADSPRING SOLUTIONS INC

Borrower Address

187 Ballardvale St Ste B-210

Borrower City

Wilmington

Borrower State

MA

Borrower Zip

01887

Loan Status Date

09/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1500000.00

Current Approval Amount

1500000.00

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

Wilmington

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01887-0001

CD

MA-06

Jobs Reported

60

NAICS Code

511210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1500000.00

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

1518575.34

Forgiveness Date

07/30/2021

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