PPP Loan information for Softech, inc.

$235,832

Softech, inc. was initially approved for PPP Loan of amount $235,832, the current approved amount is $235,832. The loan was approved on 04/10/2020 by The JPMorgan Chase Bank, National Association reported 16 jobs and $235,832 was used to fund payroll.

Softech, inc. is Existing or more than 2 years old

SOFTECH, INC.

Date Approved

04/10/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SOFTECH, INC.

Borrower Address

28104 Orchard Lake Rd.

Borrower City

FARMINGTON

Borrower State

MI

Borrower Zip

48334-3701

Loan Status Date

04/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

235832.37

Current Approval Amount

235832.37

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FARMINGTON

Project County Name

OAKLAND

Project State

MI

Project Zip

48334-3701

CD

MI-11

Jobs Reported

16

NAICS Code

541512

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

94332.95

Mortgage Interest Proceed

0.00

Rent Proceed

68400.00

Refinance EIDL Proceed

0.00

Health Care Proceed

73099.42

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

237989.45

Forgiveness Date

03/25/2021

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