PPP Loan information for Systems engineering, inc esop

$2,589,358

Systems engineering, inc esop was initially approved for PPP Loan of amount $2,589,358, the current approved amount is $2,589,358. The loan was approved on 04/07/2020 by The Camden National Bank reported 149 jobs and $2,589,358 was used to fund payroll.

Systems engineering, inc esop is Existing or more than 2 years old

PPP Loan Search / ME / Portland / Systems engineering, inc esop

SYSTEMS ENGINEERING, INC ESOP

Date Approved

04/07/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

SYSTEMS ENGINEERING, INC ESOP

Borrower Address

120 Exchange St

Borrower City

Portland

Borrower State

ME

Borrower Zip

04101-4284

Loan Status Date

08/06/2021

Loan Status

Paid in Full

Term

23

SBA Guaranty Percentage

100

Initial Approval Amount

2589358.00

Current Approval Amount

2589358.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29633

Servicing Lender Name

Camden National Bank

Servicing Lender Address

2 Elm St

Servicing Lender City

CAMDEN

Servicing Lender State

ME

Servicing Lender Zip

04843-1947

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Portland

Project County Name

CUMBERLAND

Project State

ME

Project Zip

04101-4284

CD

ME-01

Jobs Reported

149

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2589358.00

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

Employee Stock Ownership Plan(ESOP)

Originating Lender Location Id

29633

Originating Lender

Camden National Bank

Originating Lender City

CAMDEN

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1857540.67

Forgiveness Date

06/10/2021

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