PPP Loan information for Advancesoft, inc

$445,500

Advancesoft, inc was initially approved for PPP Loan of amount $488,700, the current approved amount is $445,500. The loan was approved on 04/05/2020 by The MainStreet Bank reported 25 jobs and $445,500 was used to fund payroll.

Advancesoft, inc is Existing or more than 2 years old

PPP Loan Search / VA / ASHBURN / Advancesoft, inc

ADVANCESOFT, INC

Date Approved

04/05/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

ADVANCESOFT, INC

Borrower Address

20130 LAKEVIEW CENTER PLZ, Unit 400

Borrower City

ASHBURN

Borrower State

VA

Borrower Zip

20147-5902

Loan Status Date

04/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

488700.00

Current Approval Amount

445500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

378264

Servicing Lender Name

MainStreet Bank

Servicing Lender Address

10089 Fairfax Blvd

Servicing Lender City

FAIRFAX

Servicing Lender State

VA

Servicing Lender Zip

22030-1742

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ASHBURN

Project County Name

LOUDOUN

Project State

VA

Project Zip

20147-5902

CD

VA-10

Jobs Reported

25

NAICS Code

541618

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

445500.00

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

378264

Originating Lender

MainStreet Bank

Originating Lender City

FAIRFAX

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

449137.23

Forgiveness Date

02/16/2021

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