PPP Loan information for Cgs technology associates inc

$891,496

Cgs technology associates inc was initially approved for PPP Loan of amount $891,496, the current approved amount is $891,496. The loan was approved on 04/13/2020 by The Axos Bank reported 30 jobs and $891,496 was used to fund payroll.

Cgs technology associates inc is Existing or more than 2 years old

CGS TECHNOLOGY ASSOCIATES INC

Date Approved

04/13/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

CGS TECHNOLOGY ASSOCIATES INC

Borrower Address

1001 Durham Avenue Suite 300

Borrower City

South Plainfield

Borrower State

NJ

Borrower Zip

07080

Loan Status Date

04/08/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

891496.00

Current Approval Amount

891496.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124650

Servicing Lender Name

Axos Bank

Servicing Lender Address

4350 La Jolla Village Dr, Ste 140

Servicing Lender City

SAN DIEGO

Servicing Lender State

CA

Servicing Lender Zip

92122-1244

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

South Plainfield

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

07080-0001

CD

NJ-06

Jobs Reported

30

NAICS Code

541519

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

877996.00

Mortgage Interest Proceed

0.00

Rent Proceed

13500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

124650

Originating Lender

Axos Bank

Originating Lender City

SAN DIEGO

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

670322.17

Forgiveness Date

05/21/2021

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