PPP Loan information for Source infotech inc

$2,360,878

Source infotech inc was initially approved for PPP Loan of amount $2,346,228, the current approved amount is $2,360,878. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 130 jobs and $2,360,878 was used to fund payroll.

Source infotech inc is New Business or 2 years or less

PPP Loan Search / NJ / EDISON / Source infotech inc

SOURCE INFOTECH INC

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

SOURCE INFOTECH INC

Borrower Address

3840 PARK AVE STE 205

Borrower City

EDISON

Borrower State

NJ

Borrower Zip

08820-2567

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2346228.00

Current Approval Amount

2360878.00

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

EDISON

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

08820-2567

CD

NJ-06

Jobs Reported

130

NAICS Code

541511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2360878.00

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

2390308.12

Forgiveness Date

09/07/2021

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