PPP Loan information for System 2/90 inc

$797,110

System 2/90 inc was initially approved for PPP Loan of amount $797,110, the current approved amount is $797,110. The loan was approved on 02/12/2021 by The PNC Bank, National Association reported 85 jobs and $797,110 was used to fund payroll.

System 2/90 inc is Existing or more than 2 years old

PPP Loan Search / MI / Grand Rapids / System 2/90 inc

SYSTEM 2/90 INC

Date Approved

02/12/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

SYSTEM 2/90 INC

Borrower Address

5350 Corporate Grove Dr SE 5350 Corporate Grove Dr Se

Borrower City

Grand Rapids

Borrower State

MI

Borrower Zip

49512-5500

Loan Status Date

03/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

797110.00

Current Approval Amount

797110.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Grand Rapids

Project County Name

KENT

Project State

MI

Project Zip

49512-5500

CD

MI-03

Jobs Reported

85

NAICS Code

339950

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

797108.00

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

Subchapter S Corporation

Originating Lender Location Id

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

805324.66

Forgiveness Date

02/25/2022

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