PPP Loan information for Infosemantics inc

$516,700

Infosemantics inc was initially approved for PPP Loan of amount $516,700, the current approved amount is $516,700. The loan was approved on 04/28/2020 by The Wallis Bank reported 25 jobs and $516,700 was used to fund payroll.

Infosemantics inc is Existing or more than 2 years old

INFOSEMANTICS INC

Date Approved

04/28/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

INFOSEMANTICS INC

Borrower Address

2605 SAGEBRUSH DRIVE STE 207

Borrower City

FLOWER MOUND

Borrower State

TX

Borrower Zip

75028-2733

Loan Status Date

02/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

516700.00

Current Approval Amount

516700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72083

Servicing Lender Name

Wallis Bank

Servicing Lender Address

6510 Railroad St

Servicing Lender City

WALLIS

Servicing Lender State

TX

Servicing Lender Zip

77485-9186

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FLOWER MOUND

Project County Name

DENTON

Project State

TX

Project Zip

75028-2733

CD

TX-26

Jobs Reported

25

NAICS Code

541519

Race

Asian

Ethnicity

Unknown/NotStated

Utilities Proceed

25835.00

Payroll Proceed

413360.00

Mortgage Interest Proceed

0.00

Rent Proceed

77505.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

72083

Originating Lender

Wallis Bank

Originating Lender City

WALLIS

Originating Lender State

TX

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

520230.78

Forgiveness Date

01/20/2021

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