PPP Loan information for Semaconnect inc.

$580,000

Semaconnect inc. was initially approved for PPP Loan of amount $580,000, the current approved amount is $580,000. The loan was approved on 04/13/2020 by The Customers Bank reported 29 jobs and $580,000 was used to fund payroll.

Semaconnect inc. is Existing or more than 2 years old

SEMACONNECT INC.

Date Approved

04/13/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

SEMACONNECT INC.

Borrower Address

4961 Tesla Drive

Borrower City

Bowie

Borrower State

MD

Borrower Zip

20715

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

580000.00

Current Approval Amount

580000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bowie

Project County Name

PRINCE GEORGES

Project State

MD

Project Zip

20715-1000

CD

MD-05

Jobs Reported

29

NAICS Code

561312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

580000.00

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

Sole Proprietorship

Originating Lender Location Id

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

583162.19

Forgiveness Date

11/20/2020

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