PPP Loan information for Basic systems, inc.

$1,320,612

Basic systems, inc. was initially approved for PPP Loan of amount $1,320,612, the current approved amount is $1,320,612. The loan was approved on 04/11/2020 by The JPMorgan Chase Bank, National Association reported 80 jobs and $1,320,612 was used to fund payroll.

Basic systems, inc. is Existing or more than 2 years old

PPP Loan Search / OH / CAMBRIDGE / Basic systems, inc.

BASIC SYSTEMS, INC.

Date Approved

04/11/2020

SBA Office Code

0593

Processing Method

PPP

Borrower Name

BASIC SYSTEMS, INC.

Borrower Address

9255 CADIZ RD

Borrower City

CAMBRIDGE

Borrower State

OH

Borrower Zip

43725-9564

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1320612.00

Current Approval Amount

1320612.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CAMBRIDGE

Project County Name

GUERNSEY

Project State

OH

Project Zip

43725-9564

CD

OH-12

Jobs Reported

80

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

17878.00

Payroll Proceed

1056490.00

Mortgage Interest Proceed

0.00

Rent Proceed

118400.00

Refinance EIDL Proceed

0.00

Health Care Proceed

127844.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1328916.45

Forgiveness Date

12/02/2020

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