PPP Loan information for Conflux systems inc

$1,370,500

Conflux systems inc was initially approved for PPP Loan of amount $1,370,500, the current approved amount is $1,370,500. The loan was approved on 05/01/2020 by The Wallis Bank reported 94 jobs and $1,370,500 was used to fund payroll.

Conflux systems inc is Existing or more than 2 years old

CONFLUX SYSTEMS INC

Date Approved

05/01/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

CONFLUX SYSTEMS INC

Borrower Address

11539 PARK WOODS CIRCLE, STE 302

Borrower City

ALPHARETTA

Borrower State

GA

Borrower Zip

30005-2411

Loan Status Date

08/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1370500.00

Current Approval Amount

1370500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72083

Servicing Lender Name

Wallis Bank

Servicing Lender Address

6510 Railroad St

Servicing Lender City

WALLIS

Servicing Lender State

TX

Servicing Lender Zip

77485-9186

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALPHARETTA

Project County Name

FULTON

Project State

GA

Project Zip

30005-2411

CD

GA-06

Jobs Reported

94

NAICS Code

541511

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

205575.00

Payroll Proceed

1027875.00

Mortgage Interest Proceed

0.00

Rent Proceed

137050.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

72083

Originating Lender

Wallis Bank

Originating Lender City

WALLIS

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1386374.96

Forgiveness Date

07/12/2021

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