PPP Loan information for System seals inc

$936,897

System seals inc was initially approved for PPP Loan of amount $936,897, the current approved amount is $936,897. The loan was approved on 02/08/2021 by The Fifth Third Bank reported 78 jobs and $936,897 was used to fund payroll.

System seals inc is Existing or more than 2 years old

PPP Loan Search / OH / Cleveland / System seals inc

SYSTEM SEALS INC

Date Approved

02/08/2021

SBA Office Code

0549

Processing Method

PPS

Borrower Name

SYSTEM SEALS INC

Borrower Address

9505 Midwest Ave

Borrower City

Cleveland

Borrower State

OH

Borrower Zip

44125-2421

Loan Status Date

11/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

936897.00

Current Approval Amount

936897.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Cleveland

Project County Name

CUYAHOGA

Project State

OH

Project Zip

44125-2421

CD

OH-11

Jobs Reported

78

NAICS Code

326220

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

936891.00

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

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

952329.78

Forgiveness Date

10/05/2022

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