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 03/16/2021 by The JPMorgan Chase 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

ACI INFOTECH INC

Date Approved

03/16/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

ACI INFOTECH INC

Borrower Address

242 Old New Brunswick Rd Ste 110

Borrower City

Piscataway

Borrower State

NJ

Borrower Zip

08854-3754

Loan Status Date

11/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

486717.00

Current Approval Amount

486717.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

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

08854-3754

CD

NJ-06

Jobs Reported

35

NAICS Code

541511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

486715.00

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

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

489393.40

Forgiveness Date

10/06/2021

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