PPP Loan information for Stratix systems

$1,696,975

Stratix systems was initially approved for PPP Loan of amount $1,696,975, the current approved amount is $1,696,975. The loan was approved on 04/09/2020 by The Fulton Bank, National Association reported 112 jobs and $1,696,975 was used to fund payroll.

Stratix systems is Existing or more than 2 years old

PPP Loan Search / PA / READING / Stratix systems

STRATIX SYSTEMS

Date Approved

04/09/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

STRATIX SYSTEMS

Borrower Address

1011 North Park Road

Borrower City

READING

Borrower State

PA

Borrower Zip

19610-1339

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1696975.00

Current Approval Amount

1696975.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60701

Servicing Lender Name

Fulton Bank, National Association

Servicing Lender Address

One Penn Sq

Servicing Lender City

LANCASTER

Servicing Lender State

PA

Servicing Lender Zip

17602-2853

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

READING

Project County Name

BERKS

Project State

PA

Project Zip

19610-1339

CD

PA-06

Jobs Reported

112

NAICS Code

541512

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

339395.00

Payroll Proceed

1357580.00

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

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1710126.56

Forgiveness Date

01/26/2021

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