PPP Loan information for Open systems inc

$2,000,000

Open systems inc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/23/2021 by The Bank of America, National Association reported 170 jobs and $2,000,000 was used to fund payroll.

Open systems inc is Existing or more than 2 years old

PPP Loan Search / GA / Alpharetta / Open systems inc

OPEN SYSTEMS INC

Date Approved

02/23/2021

SBA Office Code

0405

Processing Method

PPS

Borrower Name

OPEN SYSTEMS INC

Borrower Address

6495 Shiloh Rd Ste 310

Borrower City

Alpharetta

Borrower State

GA

Borrower Zip

30005-1635

Loan Status Date

01/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Alpharetta

Project County Name

FORSYTH

Project State

GA

Project Zip

30005-1635

CD

GA-06

Jobs Reported

170

NAICS Code

541511

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1999995.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2014904.11

Forgiveness Date

11/24/2021

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