PPP Loan information for Aci infotech, inc

$486,717

Aci infotech, inc was initially approved for PPP Loan of amount $486,717, the current approved amount is $486,717. The loan was approved on 04/29/2020 by The Santander Bank, National Association reported 35 jobs and $486,717 was used to fund payroll.

Aci infotech, inc is Existing or more than 2 years old

PPP Loan Search / NJ / Piscataway / Aci infotech, inc

ACI INFOTECH, INC

Date Approved

04/29/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

ACI INFOTECH, INC

Borrower Address

242 Old New Brunswick Road, Suite 110

Borrower City

Piscataway

Borrower State

NJ

Borrower Zip

08854

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

486717.00

Current Approval Amount

486717.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84894

Servicing Lender Name

Santander Bank, National Association

Servicing Lender Address

824 N Market St, Ste 100

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-4937

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Piscataway

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

08854-1400

CD

NJ-06

Jobs Reported

35

NAICS Code

541511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

486717.00

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

84894

Originating Lender

Santander Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

490917.43

Forgiveness Date

03/17/2021

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