PPP Loan information for Microcorp, inc

$690,400

Microcorp, inc was initially approved for PPP Loan of amount $690,300, the current approved amount is $690,400. The loan was approved on 04/13/2020 by The Regions Bank reported 43 jobs and $690,400 was used to fund payroll.

Microcorp, inc is Existing or more than 2 years old

MICROCORP, INC

Date Approved

04/13/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

MICROCORP, INC

Borrower Address

4901 Olde Towne Way

Borrower City

MARIETTA

Borrower State

GA

Borrower Zip

30068-4354

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

690300.00

Current Approval Amount

690400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MARIETTA

Project County Name

COBB

Project State

GA

Project Zip

30068-4354

CD

GA-06

Jobs Reported

43

NAICS Code

541990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

690400.00

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

Subchapter S Corporation

Originating Lender Location Id

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

694107.35

Forgiveness Date

11/03/2020

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