PPP Loan information for Youngsoft inc

$1,886,477

Youngsoft inc was initially approved for PPP Loan of amount $1,886,477, the current approved amount is $1,886,477. The loan was approved on 04/27/2020 by The Bank of Ann Arbor reported 97 jobs and $1,886,477 was used to fund payroll.

Youngsoft inc is Existing or more than 2 years old

PPP Loan Search / MI / Wixom / Youngsoft inc

YOUNGSOFT INC

Date Approved

04/27/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

YOUNGSOFT INC

Borrower Address

49197 Wixom Tech Dr Ste B

Borrower City

Wixom

Borrower State

MI

Borrower Zip

48393-3572

Loan Status Date

05/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1886477.00

Current Approval Amount

1886477.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

Wixom

Project County Name

OAKLAND

Project State

MI

Project Zip

48393-3572

CD

MI-11

Jobs Reported

97

NAICS Code

541511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1886477.00

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

119903

Originating Lender

Bank of Ann Arbor

Originating Lender City

ANN ARBOR

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1903739.56

Forgiveness Date

04/01/2021

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