PPP Loan information for E-merge systems, inc

$492,000

E-merge systems, inc was initially approved for PPP Loan of amount $492,000, the current approved amount is $492,000. The loan was approved on 04/05/2020 by The Atlantic Union Bank reported 26 jobs and $492,000 was used to fund payroll.

E-merge systems, inc is Existing or more than 2 years old

E-MERGE SYSTEMS, INC

Date Approved

04/05/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

E-MERGE SYSTEMS, INC

Borrower Address

1314 E Cary Street

Borrower City

RICHMOND

Borrower State

VA

Borrower Zip

23219-4118

Loan Status Date

12/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

492000.00

Current Approval Amount

492000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122517

Servicing Lender Name

Atlantic Union Bank

Servicing Lender Address

1051 E Cary St, Ste 103

Servicing Lender City

RICHMOND

Servicing Lender State

VA

Servicing Lender Zip

23219-4029

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

RICHMOND

Project County Name

RICHMOND CITY

Project State

VA

Project Zip

23219-4118

CD

VA-04

Jobs Reported

26

NAICS Code

541511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

492000.00

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

122517

Originating Lender

Atlantic Union Bank

Originating Lender City

RICHMOND

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

494870.00

Forgiveness Date

11/12/2020

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