PPP Loan information for Sonicsoft inc

$437,800

Sonicsoft inc was initially approved for PPP Loan of amount $437,800, the current approved amount is $437,800. The loan was approved on 02/24/2021 by The Union National Bank reported 30 jobs and $437,800 was used to fund payroll.

Sonicsoft inc is Existing or more than 2 years old

PPP Loan Search / IL / Schaumburg / Sonicsoft inc

SONICSOFT INC

Date Approved

02/24/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

SONICSOFT INC

Borrower Address

1252 Remington Rd Ste B

Borrower City

Schaumburg

Borrower State

IL

Borrower Zip

60173-4812

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

437800.00

Current Approval Amount

437800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21320

Servicing Lender Name

Union National Bank

Servicing Lender Address

101 E Chicago St

Servicing Lender City

ELGIN

Servicing Lender State

IL

Servicing Lender Zip

60120-5583

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Schaumburg

Project County Name

COOK

Project State

IL

Project Zip

60173-4812

CD

IL-08

Jobs Reported

30

NAICS Code

541511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

437798.00

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

Subchapter S Corporation

Originating Lender Location Id

21320

Originating Lender

Union National Bank

Originating Lender City

ELGIN

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

440195.74

Forgiveness Date

09/15/2021

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