PPP Loan information for Software folks inc.

$1,127,500

Software folks inc. was initially approved for PPP Loan of amount $1,151,000, the current approved amount is $1,127,500. The loan was approved on 04/10/2020 by The Leader Bank, National Association reported 49 jobs and $1,127,500 was used to fund payroll.

Software folks inc. is Existing or more than 2 years old

SOFTWARE FOLKS INC.

Date Approved

04/10/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

SOFTWARE FOLKS INC.

Borrower Address

1 Meadowlands Plaza Suite 200

Borrower City

EAST RUTHERFORD

Borrower State

NJ

Borrower Zip

07073-2150

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1151000.00

Current Approval Amount

1127500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

262380

Servicing Lender Name

Leader Bank, National Association

Servicing Lender Address

180 Massachusetts Ave

Servicing Lender City

ARLINGTON

Servicing Lender State

MA

Servicing Lender Zip

02474-8448

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Eastrutherford

Project County Name

BERGEN

Project State

NJ

Project Zip

07073-0001

CD

NJ-09

Jobs Reported

49

NAICS Code

541690

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1127500.00

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

262380

Originating Lender

Leader Bank, National Association

Originating Lender City

ARLINGTON

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1134110.55

Forgiveness Date

11/23/2020

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