PPP Loan information for Systolic, inc.

$4,464,100

Systolic, inc. was initially approved for PPP Loan of amount $4,464,100, the current approved amount is $4,464,100. The loan was approved on 04/05/2020 by The Atlantic Union Bank reported 205 jobs and $4,464,100 was used to fund payroll.

Systolic, inc. is Existing or more than 2 years old

PPP Loan Search / MD / SEVERNA PARK / Systolic, inc.

SYSTOLIC, INC.

Date Approved

04/05/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

SYSTOLIC, INC.

Borrower Address

855 Cottonwood Dr

Borrower City

SEVERNA PARK

Borrower State

MD

Borrower Zip

21146-2836

Loan Status Date

04/08/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

4464100.00

Current Approval Amount

4464100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122517

Servicing Lender Name

Atlantic Union Bank

Servicing Lender Address

1051 E Cary St, Ste 103

Servicing Lender City

RICHMOND

Servicing Lender State

VA

Servicing Lender Zip

23219-4029

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SEVERNA PARK

Project County Name

ANNE ARUNDEL

Project State

MD

Project Zip

21146-2836

CD

MD-03

Jobs Reported

205

NAICS Code

541511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

4464100.00

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

Subchapter S Corporation

Originating Lender Location Id

122517

Originating Lender

Atlantic Union Bank

Originating Lender City

RICHMOND

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

327258.09

Forgiveness Date

06/11/2021

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