PPP Loan information for Virtual workgroup technologies corp

$174,240

Virtual workgroup technologies corp was initially approved for PPP Loan of amount $174,240, the current approved amount is $174,240. The loan was approved on 02/25/2021 by The Bank of America, National Association reported 12 jobs and $174,240 was used to fund payroll.

Virtual workgroup technologies corp is Existing or more than 2 years old

VIRTUAL WORKGROUP TECHNOLOGIES CORP

Date Approved

02/25/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

VIRTUAL WORKGROUP TECHNOLOGIES CORP

Borrower Address

1 Research Ct Ste 450

Borrower City

Rockville

Borrower State

MD

Borrower Zip

20850-6252

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

174240.00

Current Approval Amount

174240.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Rockville

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20850-6252

CD

MD-08

Jobs Reported

12

NAICS Code

541511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

174240.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

175237.70

Forgiveness Date

09/23/2021

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