PPP Loan information for Systems products and solutions, inc

$2,356,540

Systems products and solutions, inc was initially approved for PPP Loan of amount $2,356,540, the current approved amount is $2,356,540. The loan was approved on 05/01/2020 by The Synovus Bank reported 106 jobs and $2,356,540 was used to fund payroll.

Systems products and solutions, inc is Existing or more than 2 years old

PPP Loan Search / AL / HUNTSVILLE / Systems products and solutions, inc

SYSTEMS PRODUCTS AND SOLUTIONS, INC

Date Approved

05/01/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

SYSTEMS PRODUCTS AND SOLUTIONS, INC

Borrower Address

307 WYNN DR NW

Borrower City

HUNTSVILLE

Borrower State

AL

Borrower Zip

35805-1960

Loan Status Date

08/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2356540.00

Current Approval Amount

2356540.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19248

Servicing Lender Name

Synovus Bank

Servicing Lender Address

1148 Broadway

Servicing Lender City

COLUMBUS

Servicing Lender State

GA

Servicing Lender Zip

31901-2429

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HUNTSVILLE

Project County Name

MADISON

Project State

AL

Project Zip

35805-1960

CD

AL-05

Jobs Reported

106

NAICS Code

541511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2356540.00

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

19248

Originating Lender

Synovus Bank

Originating Lender City

COLUMBUS

Originating Lender State

GA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2382558.78

Forgiveness Date

06/11/2021

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