PPP Loan information for Wafts solutions inc

$725,000

Wafts solutions inc was initially approved for PPP Loan of amount $712,500, the current approved amount is $725,000. The loan was approved on 04/10/2020 by The Bank of America, National Association reported 45 jobs and $725,000 was used to fund payroll.

Wafts solutions inc is Existing or more than 2 years old

WAFTS SOLUTIONS INC

Date Approved

04/10/2020

SBA Office Code

0248

Processing Method

PPP

Borrower Name

WAFTS SOLUTIONS INC

Borrower Address

41 STATE ST STE 604-14

Borrower City

ALBANY

Borrower State

NY

Borrower Zip

12207-2834

Loan Status Date

06/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

712500.00

Current Approval Amount

725000.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

ALBANY

Project County Name

ALBANY

Project State

NY

Project Zip

12207-2834

CD

NY-20

Jobs Reported

45

NAICS Code

541618

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

725000.00

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

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

732269.86

Forgiveness Date

04/29/2021

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