Sage It INC

$2,928,052 PPP Loan in Frisco, Texas

Loan Details

Loan Number
2468507203
Date Approved
Apr 16, 2020
Loan Status
Paid in Full
Initial Approval
$2,928,052
Current Approval
$2,928,052
Forgiveness Amount
$2,962,406
Forgiveness Date
Jun 23, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Sage It INC
Address
3535 Victory Group Way Bldg 4
City
Frisco
State
Texas
ZIP Code
75034
Business Type
Corporation
Industry (NAICS)
Professional, Scientific, and Technical Services (541511)
Business Age
Existing or more than 2 years old
Jobs Reported
200
Estimated Revenue
$41.4M
Rural/Urban
Urban
Congressional District
TX-26

Loan Use Breakdown

Payroll
$2,827,052
Rent
$35,000
Utilities
$1,000
Health Care
$50,000
Debt Interest
$15,000

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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