PPP Loan information for Openspend inc.

$124,411

Openspend inc. was initially approved for PPP Loan of amount $195,000, the current approved amount is $124,411. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 9 jobs and $124,411 was used to fund payroll.

Openspend inc. is New Business or 2 years or less

OPENSPEND INC.

Date Approved

05/01/2020

SBA Office Code

0681

Processing Method

PPP

Borrower Name

OPENSPEND INC.

Borrower Address

1717 N INTERSTATE 35 STE 210

Borrower City

ROUND ROCK

Borrower State

TX

Borrower Zip

78664-2901

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

195000.00

Current Approval Amount

124411.00

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

Y

Business Age Description

New Business or 2 years or less

Project City

ROUND ROCK

Project County Name

WILLIAMSON

Project State

TX

Project Zip

78664-2901

CD

TX-31

Jobs Reported

9

NAICS Code

541511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

124411.00

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

125457.42

Forgiveness Date

03/10/2021

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