PPP Loan information for Business software inc

$40,400

Business software inc was initially approved for PPP Loan of amount $40,400, the current approved amount is $40,400. The loan was approved on 03/31/2021 by The Alerus Financial, National Association reported 5 jobs and $40,400 was used to fund payroll.

Business software inc is Existing or more than 2 years old

PPP Loan Search / ND / Fargo / Business software inc

BUSINESS SOFTWARE INC

Date Approved

03/31/2021

SBA Office Code

0875

Processing Method

PPS

Borrower Name

BUSINESS SOFTWARE INC

Borrower Address

3209 Fiechtner Dr S Ste 4

Borrower City

Fargo

Borrower State

ND

Borrower Zip

58103-2320

Loan Status Date

09/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

40400.00

Current Approval Amount

40400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52795

Servicing Lender Name

Alerus Financial, National Association

Servicing Lender Address

401 DeMers Ave

Servicing Lender City

GRAND FORKS

Servicing Lender State

ND

Servicing Lender Zip

58201-4574

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Fargo

Project County Name

CASS

Project State

ND

Project Zip

58103-2320

CD

ND-

Jobs Reported

5

NAICS Code

511210

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

40397.00

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

52795

Originating Lender

Alerus Financial, National Association

Originating Lender City

GRAND FORKS

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

40957.74

Forgiveness Date

08/22/2022

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