PPP Loan information for Advancesoft inc

$474,440

Advancesoft inc was initially approved for PPP Loan of amount $474,440, the current approved amount is $474,440. The loan was approved on 01/25/2021 by The MainStreet Bank reported 26 jobs and $474,440 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

01/25/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

ADVANCESOFT INC

Borrower Address

20130 Lakeview Center Plz

Borrower City

Ashburn

Borrower State

VA

Borrower Zip

20147-5904

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

474440.00

Current Approval Amount

474440.00

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

20147-5904

CD

VA-10

Jobs Reported

26

NAICS Code

541618

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

474437.00

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

479158.40

Forgiveness Date

02/01/2022

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