PPP Loan information for Microcad training & consulting inc

$617,500

Microcad training & consulting inc was initially approved for PPP Loan of amount $617,500, the current approved amount is $617,500. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 40 jobs and $617,500 was used to fund payroll.

Microcad training & consulting inc is New Business or 2 years or less

PPP Loan Search / MA / WATERTOWN / Microcad training & consulting inc

MICROCAD TRAINING & CONSULTING INC

Date Approved

05/01/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

MICROCAD TRAINING & CONSULTING INC

Borrower Address

440 ARSENAL ST STE 3

Borrower City

WATERTOWN

Borrower State

MA

Borrower Zip

02472-2898

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

617500.00

Current Approval Amount

617500.00

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

WATERTOWN

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02472-2898

CD

MA-05

Jobs Reported

40

NAICS Code

511210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

617500.00

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

623218.22

Forgiveness Date

04/15/2021

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