PPP Loan information for Foodservice management systems inc

$872,239

Foodservice management systems inc was initially approved for PPP Loan of amount $872,239, the current approved amount is $872,239. The loan was approved on 01/25/2021 by The American Bank of Commerce reported 42 jobs and $872,239 was used to fund payroll.

Foodservice management systems inc is Existing or more than 2 years old

FOODSERVICE MANAGEMENT SYSTEMS INC

Date Approved

01/25/2021

SBA Office Code

0681

Processing Method

PPS

Borrower Name

FOODSERVICE MANAGEMENT SYSTEMS INC

Borrower Address

3006 Bee Caves Rd Ste A330

Borrower City

Austin

Borrower State

TX

Borrower Zip

78746-5579

Loan Status Date

02/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

872239.41

Current Approval Amount

872239.41

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72188

Servicing Lender Name

American Bank of Commerce

Servicing Lender Address

530 E Hwy 62/82

Servicing Lender City

WOLFFORTH

Servicing Lender State

TX

Servicing Lender Zip

79382-9382

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Austin

Project County Name

TRAVIS

Project State

TX

Project Zip

78746-5579

CD

TX-10

Jobs Reported

42

NAICS Code

722310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

872235.41

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

72188

Originating Lender

American Bank of Commerce

Originating Lender City

WOLFFORTH

Originating Lender State

TX

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

879217.33

Forgiveness Date

11/16/2021

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