PPP Loan information for System i inc

$439,755

System i inc was initially approved for PPP Loan of amount $439,755, the current approved amount is $439,755. The loan was approved on 05/06/2020 by The Bank of America, National Association reported 20 jobs and $439,755 was used to fund payroll.

System i inc is Existing or more than 2 years old

PPP Loan Search / MD / BETHESDA / System i inc

SYSTEM I INC

Date Approved

05/06/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

SYSTEM I INC

Borrower Address

4905 CEDAR CROFT DR

Borrower City

BETHESDA

Borrower State

MD

Borrower Zip

20814-3917

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

439755.00

Current Approval Amount

439755.00

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

BETHESDA

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20814-3917

CD

MD-08

Jobs Reported

20

NAICS Code

561621

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

439755.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

445766.99

Forgiveness Date

09/23/2021

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