PPP Loan information for Infosmart systems inc

$702,329

Infosmart systems inc was initially approved for PPP Loan of amount $702,329, the current approved amount is $702,329. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 30 jobs and $702,329 was used to fund payroll.

Infosmart systems inc is New Business or 2 years or less

PPP Loan Search / TX / FRISCO / Infosmart systems inc

INFOSMART SYSTEMS INC

Date Approved

05/01/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

INFOSMART SYSTEMS INC

Borrower Address

5850 TWN CNTRY BLVD STE 1102

Borrower City

FRISCO

Borrower State

TX

Borrower Zip

75034-6960

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

702329.00

Current Approval Amount

702329.00

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

N

Business Age Description

New Business or 2 years or less

Project City

FRISCO

Project County Name

COLLIN

Project State

TX

Project Zip

75034-6960

CD

TX-04

Jobs Reported

30

NAICS Code

541690

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

702329.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

707100.99

Forgiveness Date

01/08/2021

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