PPP Loan information for Software merchant inc.

$419,873

Software merchant inc. was initially approved for PPP Loan of amount $419,873, the current approved amount is $419,873. The loan was approved on 01/23/2021 by The Meridian Bank reported 26 jobs and $419,873 was used to fund payroll.

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

PPP Loan Search / PA / Wayne / Software merchant inc.

SOFTWARE MERCHANT INC.

Date Approved

01/23/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

SOFTWARE MERCHANT INC.

Borrower Address

487 Devon Park Dr

Borrower City

Wayne

Borrower State

PA

Borrower Zip

19087-1808

Loan Status Date

10/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

419872.50

Current Approval Amount

419872.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

378591

Servicing Lender Name

Meridian Bank

Servicing Lender Address

9 Old Lincoln Hwy

Servicing Lender City

MALVERN

Servicing Lender State

PA

Servicing Lender Zip

19355-2551

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

CHESTER

Project State

PA

Project Zip

19087-1808

CD

PA-06

Jobs Reported

26

NAICS Code

519190

Race

Asian

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

419870.50

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

378591

Originating Lender

Meridian Bank

Originating Lender City

MALVERN

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

422426.25

Forgiveness Date

09/09/2021

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