PPP Loan information for Prosoft technology group, inc

$1,095,500

Prosoft technology group, inc was initially approved for PPP Loan of amount $1,095,500, the current approved amount is $1,095,500. The loan was approved on 04/07/2020 by The Cadence Bank reported 50 jobs and $1,095,500 was used to fund payroll.

Prosoft technology group, inc is Existing or more than 2 years old

PROSOFT TECHNOLOGY GROUP, INC

Date Approved

04/07/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

PROSOFT TECHNOLOGY GROUP, INC

Borrower Address

3 INDEPENDENCE WAY Suite 209

Borrower City

PRINCETON

Borrower State

NJ

Borrower Zip

08540-6621

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1095500.00

Current Approval Amount

1095500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PRINCETON

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

08540-6621

CD

NJ-12

Jobs Reported

50

NAICS Code

541519

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

0.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

1095500.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1102316.44

Forgiveness Date

12/15/2020

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