PPP Loan information for Practical computer applications inc.

$394,400

Practical computer applications inc. was initially approved for PPP Loan of amount $312,500, the current approved amount is $394,400. The loan was approved on 01/22/2021 by The Citizens Bank, National Association reported 15 jobs and $394,400 was used to fund payroll.

Practical computer applications inc. is Existing or more than 2 years old

PPP Loan Search / MA / Waltham / Practical computer applications inc.

PRACTICAL COMPUTER APPLICATIONS INC.

Date Approved

01/22/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

PRACTICAL COMPUTER APPLICATIONS INC.

Borrower Address

230 2nd Ave

Borrower City

Waltham

Borrower State

MA

Borrower Zip

02451-1123

Loan Status Date

01/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

312500.00

Current Approval Amount

394400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Waltham

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02451-1123

CD

MA-05

Jobs Reported

15

NAICS Code

541511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

394395.00

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

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

397760.50

Forgiveness Date

12/21/2021

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