PPP Loan information for System technology incorporated

$311,716

System technology incorporated was initially approved for PPP Loan of amount $311,716, the current approved amount is $311,716. The loan was approved on 02/03/2021 by The Old National Bank reported 27 jobs and $311,716 was used to fund payroll.

System technology incorporated is Existing or more than 2 years old

SYSTEM TECHNOLOGY INCORPORATED

Date Approved

02/03/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

SYSTEM TECHNOLOGY INCORPORATED

Borrower Address

20655 Amherst Ct

Borrower City

Joliet

Borrower State

IL

Borrower Zip

60433-9780

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

311716.00

Current Approval Amount

311716.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Joliet

Project County Name

WILL

Project State

IL

Project Zip

60433-9780

CD

IL-01

Jobs Reported

27

NAICS Code

333922

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

311715.00

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

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

315655.74

Forgiveness Date

05/05/2022

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