PPP Loan information for System improvements inc

$522,173

System improvements inc was initially approved for PPP Loan of amount $522,173, the current approved amount is $522,173. The loan was approved on 01/20/2021 by The Mountain Commerce Bank reported 33 jobs and $522,173 was used to fund payroll.

System improvements inc is Existing or more than 2 years old

PPP Loan Search / TN / Knoxville / System improvements inc

SYSTEM IMPROVEMENTS INC

Date Approved

01/20/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

SYSTEM IMPROVEMENTS INC

Borrower Address

238 S Peters Rd Ste 301

Borrower City

Knoxville

Borrower State

TN

Borrower Zip

37923-5224

Loan Status Date

03/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

522173.40

Current Approval Amount

522173.40

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66985

Servicing Lender Name

Mountain Commerce Bank

Servicing Lender Address

6101 Kingston Pk

Servicing Lender City

KNOXVILLE

Servicing Lender State

TN

Servicing Lender Zip

37919-4020

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Knoxville

Project County Name

KNOX

Project State

TN

Project Zip

37923-5224

CD

TN-02

Jobs Reported

33

NAICS Code

541618

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

522171.40

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

66985

Originating Lender

Mountain Commerce Bank

Originating Lender City

KNOXVILLE

Originating Lender State

TN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

525016.34

Forgiveness Date

08/20/2021

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