PPP Loan information for Stout systems development inc.

$201,027

Stout systems development inc. was initially approved for PPP Loan of amount $201,027, the current approved amount is $201,027. The loan was approved on 01/30/2021 by The JPMorgan Chase Bank, National Association reported 20 jobs and $201,027 was used to fund payroll.

Stout systems development inc. is Existing or more than 2 years old

PPP Loan Search / MI / Farmington Hills / Stout systems development inc.

STOUT SYSTEMS DEVELOPMENT INC.

Date Approved

01/30/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

STOUT SYSTEMS DEVELOPMENT INC.

Borrower Address

38825 Lancaster Dr

Borrower City

Farmington Hills

Borrower State

MI

Borrower Zip

48331-1623

Loan Status Date

12/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

201027.00

Current Approval Amount

201027.00

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

Farmington Hills

Project County Name

OAKLAND

Project State

MI

Project Zip

48331-1623

CD

MI-11

Jobs Reported

20

NAICS Code

561311

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

201027.00

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

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

202531.91

Forgiveness Date

11/05/2021

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