PPP Loan information for Systems management technology inc

$98,700

Systems management technology inc was initially approved for PPP Loan of amount $98,700, the current approved amount is $98,700. The loan was approved on 05/15/2020 by The Summit Community Bank, Inc. reported 5 jobs and $98,700 was used to fund payroll.

Systems management technology inc is Existing or more than 2 years old

PPP Loan Search / VA / FALLS CHURCH / Systems management technology inc

SYSTEMS MANAGEMENT TECHNOLOGY INC

Date Approved

05/15/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

SYSTEMS MANAGEMENT TECHNOLOGY INC

Borrower Address

200 LITTLE FALLS ST Suite 102

Borrower City

FALLS CHURCH

Borrower State

VA

Borrower Zip

22046-4325

Loan Status Date

06/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

98700.00

Current Approval Amount

98700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119785

Servicing Lender Name

Summit Community Bank, Inc.

Servicing Lender Address

310 N Main St

Servicing Lender City

MOOREFIELD

Servicing Lender State

WV

Servicing Lender Zip

26836-1055

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FALLS CHURCH

Project County Name

FALLS CHURCH CITY

Project State

VA

Project Zip

22046-4325

CD

VA-08

Jobs Reported

5

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

80000.00

Mortgage Interest Proceed

18700.00

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

119785

Originating Lender

Summit Community Bank, Inc.

Originating Lender City

MOOREFIELD

Originating Lender State

WV

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

99659.58

Forgiveness Date

05/06/2021

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