PPP Loan information for System controls & instrumentation, llc

$681,000

System controls & instrumentation, llc was initially approved for PPP Loan of amount $681,000, the current approved amount is $681,000. The loan was approved on 04/03/2020 by The American Bank, National Association reported 61 jobs and $681,000 was used to fund payroll.

System controls & instrumentation, llc is Existing or more than 2 years old

SYSTEM CONTROLS & INSTRUMENTATION, LLC

Date Approved

04/03/2020

SBA Office Code

0681

Processing Method

PPP

Borrower Name

SYSTEM CONTROLS & INSTRUMENTATION, LLC

Borrower Address

5404 FM 1044

Borrower City

NEW BRAUNFELS

Borrower State

TX

Borrower Zip

78130-9105

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

681000.00

Current Approval Amount

681000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

69225

Servicing Lender Name

American Bank, National Association

Servicing Lender Address

5120 S. Padre Island Dr

Servicing Lender City

CORPUS CHRISTI

Servicing Lender State

TX

Servicing Lender Zip

78411-4208

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEW BRAUNFELS

Project County Name

GUADALUPE

Project State

TX

Project Zip

78130-9105

CD

TX-35

Jobs Reported

61

NAICS Code

238910

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

681000.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

69225

Originating Lender

American Bank, National Association

Originating Lender City

CORPUS CHRISTI

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

686088.58

Forgiveness Date

01/08/2021

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