PPP Loan information for The softad group llc

$510,000

The softad group llc was initially approved for PPP Loan of amount $510,000, the current approved amount is $510,000. The loan was approved on 01/20/2021 by The Bank of Ann Arbor reported 17 jobs and $510,000 was used to fund payroll.

The softad group llc is Existing or more than 2 years old

THE SOFTAD GROUP LLC

Date Approved

01/20/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

THE SOFTAD GROUP LLC

Borrower Address

3 Parklane Blvd Ste 430W

Borrower City

Dearborn

Borrower State

MI

Borrower Zip

48126-4220

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

510000.00

Current Approval Amount

510000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119903

Servicing Lender Name

Bank of Ann Arbor

Servicing Lender Address

125 S Fifth Ave

Servicing Lender City

ANN ARBOR

Servicing Lender State

MI

Servicing Lender Zip

48104-1910

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Dearborn

Project County Name

WAYNE

Project State

MI

Project Zip

48126-4220

CD

MI-12

Jobs Reported

17

NAICS Code

511210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

509997.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

119903

Originating Lender

Bank of Ann Arbor

Originating Lender City

ANN ARBOR

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

512459.18

Forgiveness Date

07/21/2021

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