PPP Loan information for Systems design, inc.

$287,981

Systems design, inc. was initially approved for PPP Loan of amount $287,981, the current approved amount is $287,981. The loan was approved on 04/15/2020 by The Oxford Bank reported 19 jobs and $287,981 was used to fund payroll.

Systems design, inc. is Existing or more than 2 years old

PPP Loan Search / MI / TROY / Systems design, inc.

SYSTEMS DESIGN, INC.

Date Approved

04/15/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SYSTEMS DESIGN, INC.

Borrower Address

1950 CROOKS RD STE B

Borrower City

TROY

Borrower State

MI

Borrower Zip

48084-5502

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

287980.67

Current Approval Amount

287980.67

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36206

Servicing Lender Name

Oxford Bank

Servicing Lender Address

60 S Washington St

Servicing Lender City

OXFORD

Servicing Lender State

MI

Servicing Lender Zip

48371-4972

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

TROY

Project County Name

OAKLAND

Project State

MI

Project Zip

48084-5502

CD

MI-11

Jobs Reported

19

NAICS Code

333249

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

287980.67

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

36206

Originating Lender

Oxford Bank

Originating Lender City

OXFORD

Originating Lender State

MI

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

289956.54

Forgiveness Date

12/31/2020

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