PPP Loan information for Software associates inc

$119,427

Software associates inc was initially approved for PPP Loan of amount $119,427, the current approved amount is $119,427. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 11 jobs and $119,427 was used to fund payroll.

Software associates inc is New Business or 2 years or less

SOFTWARE ASSOCIATES INC

Date Approved

05/01/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

SOFTWARE ASSOCIATES INC

Borrower Address

5944 LOGANS WAY

Borrower City

ELLICOTT CITY

Borrower State

MD

Borrower Zip

21043-7507

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

119427.00

Current Approval Amount

119427.00

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

ELLICOTT CITY

Project County Name

HOWARD

Project State

MD

Project Zip

21043-7507

CD

MD-03

Jobs Reported

11

NAICS Code

541511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

119427.00

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

121040.08

Forgiveness Date

09/10/2021

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