PPP Loan information for Practical software solutions inc.

$348,137

Practical software solutions inc. was initially approved for PPP Loan of amount $348,137, the current approved amount is $348,137. The loan was approved on 02/18/2021 by The Pinnacle Bank reported 19 jobs and $348,137 was used to fund payroll.

Practical software solutions inc. is Existing or more than 2 years old

PPP Loan Search / NC / Concord / Practical software solutions inc.

PRACTICAL SOFTWARE SOLUTIONS INC.

Date Approved

02/18/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

PRACTICAL SOFTWARE SOLUTIONS INC.

Borrower Address

452 Penny Ln

Borrower City

Concord

Borrower State

NC

Borrower Zip

28025-1217

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

348137.00

Current Approval Amount

348137.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203685

Servicing Lender Name

Pinnacle Bank

Servicing Lender Address

150 Third Ave S, Ste 900

Servicing Lender City

NASHVILLE

Servicing Lender State

TN

Servicing Lender Zip

37201-2034

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Concord

Project County Name

CABARRUS

Project State

NC

Project Zip

28025-1217

CD

NC-12

Jobs Reported

19

NAICS Code

541511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

348132.00

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

203685

Originating Lender

Pinnacle Bank

Originating Lender City

NASHVILLE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

349844.30

Forgiveness Date

08/18/2021

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