PPP Loan information for Chronos systems inc

$352,534

Chronos systems inc was initially approved for PPP Loan of amount $352,534, the current approved amount is $352,534. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 45 jobs and $352,534 was used to fund payroll.

Chronos systems inc is New Business or 2 years or less

PPP Loan Search / MD / SUITLAND / Chronos systems inc

CHRONOS SYSTEMS INC

Date Approved

05/01/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

CHRONOS SYSTEMS INC

Borrower Address

5211 AUTH RD STE 201

Borrower City

SUITLAND

Borrower State

MD

Borrower Zip

20746-4339

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

352534.00

Current Approval Amount

352534.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

SUITLAND

Project County Name

PRINCE GEORGES

Project State

MD

Project Zip

20746-4339

CD

MD-04

Jobs Reported

45

NAICS Code

541512

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

352534.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

355624.71

Forgiveness Date

03/24/2021

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