PPP Loan information for Softrol systems, inc

$773,300

Softrol systems, inc was initially approved for PPP Loan of amount $773,300, the current approved amount is $773,300. The loan was approved on 04/07/2020 by The Newtek Small Business Finance, Inc. reported 55 jobs and $773,300 was used to fund payroll.

Softrol systems, inc is Existing or more than 2 years old

PPP Loan Search / GA / ACWORTH / Softrol systems, inc

SOFTROL SYSTEMS, INC

Date Approved

04/07/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

SOFTROL SYSTEMS, INC

Borrower Address

1100 Northpoint Pkwy SE

Borrower City

ACWORTH

Borrower State

GA

Borrower Zip

30102-3152

Loan Status Date

08/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

773300.00

Current Approval Amount

773300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

317954

Servicing Lender Name

Newtek Small Business Finance, Inc.

Servicing Lender Address

1981 Marcus Avenue

Servicing Lender City

LAKE SUCCESS

Servicing Lender State

NY

Servicing Lender Zip

11042

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ACWORTH

Project County Name

BARTOW

Project State

GA

Project Zip

30102-3152

CD

GA-11

Jobs Reported

55

NAICS Code

334419

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

773300.00

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

317954

Originating Lender

Newtek Small Business Finance, Inc.

Originating Lender City

LAKE SUCCESS

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

782966.25

Forgiveness Date

07/08/2021

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