PPP Loan information for Sage it inc

$2,928,052

Sage it inc was initially approved for PPP Loan of amount $2,928,052, the current approved amount is $2,928,052. The loan was approved on 04/16/2020 by The JPMorgan Chase Bank, National Association reported 200 jobs and $2,928,052 was used to fund payroll.

Sage it inc is Existing or more than 2 years old

SAGE IT INC

Date Approved

04/16/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

SAGE IT INC

Borrower Address

3535 VICTORY GROUP WAY BLDG 4

Borrower City

FRISCO

Borrower State

TX

Borrower Zip

75034

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2928052.00

Current Approval Amount

2928052.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FRISCO

Project County Name

COLLIN

Project State

TX

Project Zip

75034-0001

CD

TX-26

Jobs Reported

200

NAICS Code

541511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1000.00

Payroll Proceed

2827052.00

Mortgage Interest Proceed

0.00

Rent Proceed

35000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

50000.00

Debt Interest Proceed

15000

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2962406.18

Forgiveness Date

06/23/2021

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