PPP Loan information for Thinc systems inc

$347,700

Thinc systems inc was initially approved for PPP Loan of amount $347,700, the current approved amount is $347,700. The loan was approved on 04/21/2021 by The Citizens Bank, National Association reported 16 jobs and $347,700 was used to fund payroll.

Thinc systems inc is Existing or more than 2 years old

THINC SYSTEMS INC

Date Approved

04/21/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

THINC SYSTEMS INC

Borrower Address

31500 W 13 Mile Rd

Borrower City

Farmington Hills

Borrower State

MI

Borrower Zip

48334-2164

Loan Status Date

02/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

347700.00

Current Approval Amount

347700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Farmington Hills

Project County Name

OAKLAND

Project State

MI

Project Zip

48334-2164

CD

MI-11

Jobs Reported

16

NAICS Code

541511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

347700.00

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

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

350167.24

Forgiveness Date

01/12/2022

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