PPP Loan information for Sofasco inc

$97,000

Sofasco inc was initially approved for PPP Loan of amount $97,000, the current approved amount is $97,000. The loan was approved on 04/13/2020 by The Cadence Bank reported 50 jobs and $97,000 was used to fund payroll.

Sofasco inc is Existing or more than 2 years old

SOFASCO INC

Date Approved

04/13/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

SOFASCO INC

Borrower Address

182 Garber Lane

Borrower City

WINCHESTER

Borrower State

VA

Borrower Zip

22602-4386

Loan Status Date

05/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

97000.00

Current Approval Amount

97000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WINCHESTER

Project County Name

FREDERICK

Project State

VA

Project Zip

22602-4386

CD

VA-06

Jobs Reported

50

NAICS Code

333413

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

97000.00

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

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

97943.06

Forgiveness Date

04/13/2021

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