PPP Loan information for Sigma phi alpha corporation

$1,402,544

Sigma phi alpha corporation was initially approved for PPP Loan of amount $1,402,544, the current approved amount is $1,402,544. The loan was approved on 03/26/2021 by The Bank of America, National Association reported 82 jobs and $1,402,544 was used to fund payroll.

Sigma phi alpha corporation is Existing or more than 2 years old

SIGMA PHI ALPHA CORPORATION

Date Approved

03/26/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

SIGMA PHI ALPHA CORPORATION

Borrower Address

16B Electronics Ave Ste 16B

Borrower City

Danvers

Borrower State

MA

Borrower Zip

01923-1011

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1402544.00

Current Approval Amount

1402544.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Danvers

Project County Name

ESSEX

Project State

MA

Project Zip

01923-1011

CD

MA-06

Jobs Reported

82

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1402540.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1356269.11

Forgiveness Date

08/04/2022

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