PPP Loan information for Systems electric inc.

$408,160

Systems electric inc. was initially approved for PPP Loan of amount $408,160, the current approved amount is $408,160. The loan was approved on 01/19/2021 by The Itria Ventures LLC reported 38 jobs and $408,160 was used to fund payroll.

Systems electric inc. is Existing or more than 2 years old

PPP Loan Search / CO / COLORADO SPRINGS / Systems electric inc.

SYSTEMS ELECTRIC INC.

Date Approved

01/19/2021

SBA Office Code

0811

Processing Method

PPS

Borrower Name

SYSTEMS ELECTRIC INC.

Borrower Address

84

Borrower City

COLORADO SPRINGS

Borrower State

CO

Borrower Zip

80907

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

408160.00

Current Approval Amount

408160.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

529471

Servicing Lender Name

Itria Ventures LLC

Servicing Lender Address

One Penn Plaza, Suite 4530

Servicing Lender City

New York

Servicing Lender State

NY

Servicing Lender Zip

10119

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

COLORADO SPRINGS

Project County Name

EL PASO

Project State

CO

Project Zip

80907

CD

CO-05

Jobs Reported

38

NAICS Code

238210

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

408158.00

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

529471

Originating Lender

Itria Ventures LLC

Originating Lender City

New York

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

412241.60

Forgiveness Date

01/24/2022

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