PPP Loan information for System scale corporation

$1,564,557

System scale corporation was initially approved for PPP Loan of amount $1,564,557, the current approved amount is $1,564,557. The loan was approved on 04/13/2020 by The JPMorgan Chase Bank, National Association reported 103 jobs and $1,564,557 was used to fund payroll.

System scale corporation is Existing or more than 2 years old

PPP Loan Search / IN / INDIANAPOLIS / System scale corporation

SYSTEM SCALE CORPORATION

Date Approved

04/13/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

SYSTEM SCALE CORPORATION

Borrower Address

4393 West 96th Street

Borrower City

INDIANAPOLIS

Borrower State

IN

Borrower Zip

46268-3175

Loan Status Date

03/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1564557.00

Current Approval Amount

1564557.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

INDIANAPOLIS

Project County Name

MARION

Project State

IN

Project Zip

46268-3175

CD

IN-07

Jobs Reported

103

NAICS Code

423840

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

44336.00

Payroll Proceed

1364965.00

Mortgage Interest Proceed

0.00

Rent Proceed

53450.00

Refinance EIDL Proceed

0.00

Health Care Proceed

101806.00

Debt Interest Proceed

0

Business Type

Employee Stock Ownership Plan(ESOP)

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1578015.67

Forgiveness Date

02/24/2021

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