PPP Loan information for Sonicsoft inc

$444,900

Sonicsoft inc was initially approved for PPP Loan of amount $444,900, the current approved amount is $444,900. The loan was approved on 04/28/2020 by The Schaumburg Bank & Trust Company, National Association reported 24 jobs and $444,900 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

04/28/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

SONICSOFT INC

Borrower Address

1252 Remington Rd Suite B

Borrower City

SCHAUMBURG

Borrower State

IL

Borrower Zip

60173-4843

Loan Status Date

03/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

444900.00

Current Approval Amount

444900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

222507

Servicing Lender Name

Schaumburg Bank & Trust Company, National Association

Servicing Lender Address

1180 E Higgins Rd

Servicing Lender City

SCHAUMBURG

Servicing Lender State

IL

Servicing Lender Zip

60173-4709

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

60173-4843

CD

IL-08

Jobs Reported

24

NAICS Code

519190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

55612.50

Payroll Proceed

333675.00

Mortgage Interest Proceed

55612.50

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

222507

Originating Lender

Schaumburg Bank & Trust Company, National Association

Originating Lender City

SCHAUMBURG

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

447977.23

Forgiveness Date

01/06/2021

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