PPP Loan information for Digerati systems inc.

$309,300

Digerati systems inc. was initially approved for PPP Loan of amount $309,300, the current approved amount is $309,300. The loan was approved on 04/28/2020 by The First United Bank and Trust Company reported 14 jobs and $309,300 was used to fund payroll.

Digerati systems inc. is Existing or more than 2 years old

PPP Loan Search / TX / FRISCO / Digerati systems inc.

DIGERATI SYSTEMS INC.

Date Approved

04/28/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

DIGERATI SYSTEMS INC.

Borrower Address

8501 WADE BLVD

Borrower City

FRISCO

Borrower State

TX

Borrower Zip

75034-6270

Loan Status Date

04/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

309300.00

Current Approval Amount

309300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58899

Servicing Lender Name

First United Bank and Trust Company

Servicing Lender Address

1400 W Main St

Servicing Lender City

DURANT

Servicing Lender State

OK

Servicing Lender Zip

74701-4906

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FRISCO

Project County Name

COLLIN

Project State

TX

Project Zip

75034-6270

CD

TX-04

Jobs Reported

14

NAICS Code

541618

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3093.00

Payroll Proceed

290742.00

Mortgage Interest Proceed

0.00

Rent Proceed

6186.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

9279

Business Type

Corporation

Originating Lender Location Id

58899

Originating Lender

First United Bank and Trust Company

Originating Lender City

DURANT

Originating Lender State

OK

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

311791.35

Forgiveness Date

03/11/2021

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