PPP Loan information for Virtual systems solutins

$1,119,400

Virtual systems solutins was initially approved for PPP Loan of amount $1,119,400, the current approved amount is $1,119,400. The loan was approved on 04/27/2020 by The University Bank reported 60 jobs and $1,119,400 was used to fund payroll.

Virtual systems solutins is Existing or more than 2 years old

PPP Loan Search / MI / FARMINGTON HILLS / Virtual systems solutins

VIRTUAL SYSTEMS SOLUTINS

Date Approved

04/27/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

VIRTUAL SYSTEMS SOLUTINS

Borrower Address

23570 HAGGERTY RD

Borrower City

FARMINGTON HILLS

Borrower State

MI

Borrower Zip

48335-2614

Loan Status Date

03/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1119400.00

Current Approval Amount

1119400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36179

Servicing Lender Name

University Bank

Servicing Lender Address

2015 Washtenaw Ave

Servicing Lender City

ANN ARBOR

Servicing Lender State

MI

Servicing Lender Zip

48104-3656

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FARMINGTON HILLS

Project County Name

OAKLAND

Project State

MI

Project Zip

48335-2614

CD

MI-11

Jobs Reported

60

NAICS Code

541690

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5000.00

Payroll Proceed

1100400.00

Mortgage Interest Proceed

0.00

Rent Proceed

14000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

36179

Originating Lender

University Bank

Originating Lender City

ANN ARBOR

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1116179.67

Forgiveness Date

12/08/2020

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