PPP Loan information for Convergent technologies design group

$237,000

Convergent technologies design group was initially approved for PPP Loan of amount $237,000, the current approved amount is $237,000. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 13 jobs and $237,000 was used to fund payroll.

Convergent technologies design group is New Business or 2 years or less

CONVERGENT TECHNOLOGIES DESIGN GROUP

Date Approved

05/01/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

CONVERGENT TECHNOLOGIES DESIGN GROUP

Borrower Address

6501 YORK RD

Borrower City

BALTIMORE

Borrower State

MD

Borrower Zip

21212-2115

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

237000.00

Current Approval Amount

237000.00

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

BALTIMORE

Project County Name

BALTIMORE

Project State

MD

Project Zip

21212-2115

CD

MD-02

Jobs Reported

13

NAICS Code

541990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

237000.00

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

238688.22

Forgiveness Date

01/20/2021

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