As part of the Paycheck Protection Program PROSOFT TECHNOLOGY GROUP, INC was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

PROSOFT TECHNOLOGY GROUP, INC


Loan Amount	$1,095,500
BusinessName	PROSOFT TECHNOLOGY GROUP, INC
Address	3 INDEPENDENCE WAY Suite 209
City	PRINCETON
State	NJ
Zip	8540
NAICSCode	541519
BusinessType	Corporation
RaceEthnicity	Asian
Gender	Male Owned
Veteran	Non-Veteran
NonProfit
JobsReported	8
DateApproved	04/07/2020
Lender	Cadence Bank, National Association
CD	NJ-12
BusinessName.clean	PROSOFT TECHNOLOGY GROUP

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

PROSOMNUS SLEEP TECHNOLOGIES
PROSOURCE HOLDINGS
ASCENT SOLUTIONS
PROSOURCE TECHNOLOGIES
PROSOURCE