PPP Loan information for Software tech enterprises, inc.

$562,500

Software tech enterprises, inc. was initially approved for PPP Loan of amount $562,500, the current approved amount is $562,500. The loan was approved on 04/27/2020 by The American Express National Bank reported 40 jobs and $562,500 was used to fund payroll.

Software tech enterprises, inc. is Existing or more than 2 years old

SOFTWARE TECH ENTERPRISES, INC.

Date Approved

04/27/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

SOFTWARE TECH ENTERPRISES, INC.

Borrower Address

18440 Thompson Court Suite 203

Borrower City

Tinley Park

Borrower State

IL

Borrower Zip

60477

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

562500.00

Current Approval Amount

562500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

113190

Servicing Lender Name

American Express National Bank

Servicing Lender Address

115 West Towne Ridge Parkway

Servicing Lender City

Sandy

Servicing Lender State

UT

Servicing Lender Zip

84070

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Tinley Park

Project County Name

COOK

Project State

IL

Project Zip

60477-0001

CD

IL-06

Jobs Reported

40

NAICS Code

541611

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

84375.00

Payroll Proceed

281250.00

Mortgage Interest Proceed

0.00

Rent Proceed

196875.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

113190

Originating Lender

American Express National Bank

Originating Lender City

Sandy

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

569758.56

Forgiveness Date

08/23/2021

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