PPP Loan information for Software merchant inc

$330,900

Software merchant inc was initially approved for PPP Loan of amount $330,900, the current approved amount is $330,900. The loan was approved on 04/10/2020 by The First Resource Bank reported 30 jobs and $330,900 was used to fund payroll.

Software merchant inc is Existing or more than 2 years old

SOFTWARE MERCHANT INC

Date Approved

04/10/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

SOFTWARE MERCHANT INC

Borrower Address

487 Devon Park Dr Ste215

Borrower City

WAYNE

Borrower State

PA

Borrower Zip

19087-1808

Loan Status Date

12/09/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

330900.00

Current Approval Amount

330900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434113

Servicing Lender Name

First Resource Bank

Servicing Lender Address

1 E Uwchlan Ave, Ste 410

Servicing Lender City

EXTON

Servicing Lender State

PA

Servicing Lender Zip

19341-1271

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WAYNE

Project County Name

DELAWARE

Project State

PA

Project Zip

19087-1808

CD

PA-06

Jobs Reported

30

NAICS Code

443142

Race

Asian

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

330900.00

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

Subchapter S Corporation

Originating Lender Location Id

434113

Originating Lender

First Resource Bank

Originating Lender City

EXTON

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

322647.12

Forgiveness Date

11/03/2020

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