PPP Loan information for Ericom software inc

$308,971

Ericom software inc was initially approved for PPP Loan of amount $281,250, the current approved amount is $308,971. The loan was approved on 04/13/2020 by The LendingClub Bank, National Association reported 18 jobs and $308,971 was used to fund payroll.

Ericom software inc is Existing or more than 2 years old

PPP Loan Search / NJ / CLOSTER / Ericom software inc

ERICOM SOFTWARE INC

Date Approved

04/13/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

ERICOM SOFTWARE INC

Borrower Address

231 HERBERT AVE STE 4

Borrower City

CLOSTER

Borrower State

NJ

Borrower Zip

07624-1332

Loan Status Date

12/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

281250.00

Current Approval Amount

308971.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

111901

Servicing Lender Name

LendingClub Bank, National Association

Servicing Lender Address

2701 N Thanksgiving Way

Servicing Lender City

LEHI

Servicing Lender State

UT

Servicing Lender Zip

84043

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CLOSTER

Project County Name

BERGEN

Project State

NJ

Project Zip

07624-1332

CD

NJ-05

Jobs Reported

18

NAICS Code

454110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

308971.00

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

111901

Originating Lender

LendingClub Bank, National Association

Originating Lender City

LEHI

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

310533.02

Forgiveness Date

11/03/2020

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