PPP Loan information for Microxact inc.

$58,000

Microxact inc. was initially approved for PPP Loan of amount $58,000, the current approved amount is $58,000. The loan was approved on 04/09/2020 by The Atlantic Union Bank reported 5 jobs and $58,000 was used to fund payroll.

Microxact inc. is Existing or more than 2 years old

MICROXACT INC.

Date Approved

04/09/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

MICROXACT INC.

Borrower Address

6580 VALLEY CENTER DR Ste 312

Borrower City

RADFORD

Borrower State

VA

Borrower Zip

24141-5608

Loan Status Date

01/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

58000.00

Current Approval Amount

58000.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RADFORD

Project County Name

MONTGOMERY

Project State

VA

Project Zip

24141-5608

CD

VA-09

Jobs Reported

5

NAICS Code

541713

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

58000.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

58402.78

Forgiveness Date

12/22/2020

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