PPP Loan information for Updater inc.

$1,898,300

Updater inc. was initially approved for PPP Loan of amount $1,898,300, the current approved amount is $1,898,300. The loan was approved on 04/13/2020 by The Western Alliance Bank reported 61 jobs and $1,898,300 was used to fund payroll.

Updater inc. is Existing or more than 2 years old

UPDATER INC.

Date Approved

04/13/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

UPDATER INC.

Borrower Address

19 UNION SQ W FL 12

Borrower City

NEW YORK

Borrower State

NY

Borrower Zip

10003-3304

Loan Status Date

06/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1898300.00

Current Approval Amount

1898300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

317920

Servicing Lender Name

Western Alliance Bank

Servicing Lender Address

1 E Washington St

Servicing Lender City

PHOENIX

Servicing Lender State

AZ

Servicing Lender Zip

85004-2492

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEW YORK

Project County Name

NEW YORK

Project State

NY

Project Zip

10003-3304

CD

NY-10

Jobs Reported

61

NAICS Code

511210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

10000.00

Payroll Proceed

1250000.00

Mortgage Interest Proceed

0.00

Rent Proceed

200000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

200000.00

Debt Interest Proceed

238300

Business Type

Corporation

Originating Lender Location Id

317920

Originating Lender

Western Alliance Bank

Originating Lender City

PHOENIX

Originating Lender State

AZ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1919075.84

Forgiveness Date

05/21/2021

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