PPP Loan information for Choisys technology inc.

$693,744

Choisys technology inc. was initially approved for PPP Loan of amount $693,744, the current approved amount is $693,744. The loan was approved on 04/09/2020 by The Fulton Bank, National Association reported 47 jobs and $693,744 was used to fund payroll.

Choisys technology inc. is Existing or more than 2 years old

CHOISYS TECHNOLOGY INC.

Date Approved

04/09/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

CHOISYS TECHNOLOGY INC.

Borrower Address

20098 Ashbrook Place Suite 160

Borrower City

Ashburn

Borrower State

VA

Borrower Zip

20147-3393

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

693743.80

Current Approval Amount

693743.80

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60701

Servicing Lender Name

Fulton Bank, National Association

Servicing Lender Address

One Penn Sq

Servicing Lender City

LANCASTER

Servicing Lender State

PA

Servicing Lender Zip

17602-2853

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ashburn

Project County Name

LOUDOUN

Project State

VA

Project Zip

20147-3393

CD

VA-10

Jobs Reported

47

NAICS Code

541690

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

86717.97

Payroll Proceed

520307.85

Mortgage Interest Proceed

86717.98

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

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

698407.30

Forgiveness Date

12/16/2020

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