PPP Loan information for Mips systems inc

$41,666

Mips systems inc was initially approved for PPP Loan of amount $41,666, the current approved amount is $41,666. The loan was approved on 01/31/2021 by The Forbright Bank reported 2 jobs and $41,666 was used to fund payroll.

Mips systems inc is Existing or more than 2 years old

MIPS SYSTEMS INC

Date Approved

01/31/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

MIPS SYSTEMS INC

Borrower Address

43341 Julie Martin Ct

Borrower City

Ashburn

Borrower State

VA

Borrower Zip

20147-3161

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

41666.00

Current Approval Amount

41666.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

342932

Servicing Lender Name

Forbright Bank

Servicing Lender Address

4445 Willard Ave Ste 1000

Servicing Lender City

CHEVY CHASE

Servicing Lender State

MD

Servicing Lender Zip

20815-3690

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ashburn

Project County Name

LOUDOUN

Project State

VA

Project Zip

20147-3161

CD

VA-10

Jobs Reported

2

NAICS Code

541511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

41666.00

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

342932

Originating Lender

Forbright Bank

Originating Lender City

CHEVY CHASE

Originating Lender State

MD

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

41881.27

Forgiveness Date

08/17/2021

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