PPP Loan information for Amerisoftpro systems

$927,885

Amerisoftpro systems was initially approved for PPP Loan of amount $927,885, the current approved amount is $927,885. The loan was approved on 01/30/2021 by The Bank of Ann Arbor reported 39 jobs and $927,885 was used to fund payroll.

Amerisoftpro systems is Existing or more than 2 years old

AMERISOFTPRO SYSTEMS

Date Approved

01/30/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

AMERISOFTPRO SYSTEMS

Borrower Address

3 Executive Dr Ste 310

Borrower City

Somerset

Borrower State

NJ

Borrower Zip

08873-4021

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

927885.00

Current Approval Amount

927885.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119903

Servicing Lender Name

Bank of Ann Arbor

Servicing Lender Address

125 S Fifth Ave

Servicing Lender City

ANN ARBOR

Servicing Lender State

MI

Servicing Lender Zip

48104-1910

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Somerset

Project County Name

SOMERSET

Project State

NJ

Project Zip

08873-4021

CD

NJ-12

Jobs Reported

39

NAICS Code

541511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

927880.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

119903

Originating Lender

Bank of Ann Arbor

Originating Lender City

ANN ARBOR

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

937519.75

Forgiveness Date

02/23/2022

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