PPP Loan information for Algorithm inc

$198,087

Algorithm inc was initially approved for PPP Loan of amount $198,087, the current approved amount is $198,087. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 12 jobs and $198,087 was used to fund payroll.

Algorithm inc is Existing or more than 2 years old

ALGORITHM INC

Date Approved

05/01/2020

SBA Office Code

0593

Processing Method

PPP

Borrower Name

ALGORITHM INC

Borrower Address

700 STONEHENGE PKWY

Borrower City

DUBLIN

Borrower State

OH

Borrower Zip

43017

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

198087.00

Current Approval Amount

198087.00

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

DUBLIN

Project County Name

FRANKLIN

Project State

OH

Project Zip

43017-0001

CD

OH-15

Jobs Reported

12

NAICS Code

541511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3515.00

Payroll Proceed

162031.00

Mortgage Interest Proceed

0.00

Rent Proceed

13817.00

Refinance EIDL Proceed

0.00

Health Care Proceed

14242.00

Debt Interest Proceed

4482

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

201387.13

Forgiveness Date

01/04/2022

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