PPP Loan information for Portsys inc.

$118,768

Portsys inc. was initially approved for PPP Loan of amount $118,768, the current approved amount is $118,768. The loan was approved on 02/22/2021 by The Bank of America, National Association reported 5 jobs and $118,768 was used to fund payroll.

Portsys inc. is Existing or more than 2 years old

PORTSYS INC.

Date Approved

02/22/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

PORTSYS INC.

Borrower Address

201 Boston Post Rd W Ste 205

Borrower City

Marlborough

Borrower State

MA

Borrower Zip

01752-4667

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

118768.00

Current Approval Amount

118768.00

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

Existing or more than 2 years old

Project City

Marlborough

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01752-4667

CD

MA-03

Jobs Reported

5

NAICS Code

541512

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

118766.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

119457.83

Forgiveness Date

09/23/2021

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