PPP Loan information for Business communication systems, inc.

$185,300

Business communication systems, inc. was initially approved for PPP Loan of amount $185,300, the current approved amount is $185,300. The loan was approved on 04/14/2020 by The Live Oak Banking Company reported 14 jobs and $185,300 was used to fund payroll.

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

PPP Loan Search / MI / Sterling Heights / Business communication systems, inc.

BUSINESS COMMUNICATION SYSTEMS, INC.

Date Approved

04/14/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

BUSINESS COMMUNICATION SYSTEMS, INC.

Borrower Address

5680 18 Mile Rd

Borrower City

Sterling Heights

Borrower State

MI

Borrower Zip

48314

Loan Status Date

03/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

185300.00

Current Approval Amount

185300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

455644

Servicing Lender Name

Live Oak Banking Company

Servicing Lender Address

1741 Tiburon Dr

Servicing Lender City

WILMINGTON

Servicing Lender State

NC

Servicing Lender Zip

28403-6244

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Sterling Heights

Project County Name

MACOMB

Project State

MI

Project Zip

48314-0899

CD

MI-10

Jobs Reported

14

NAICS Code

517919

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

185300.00

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

Corporation

Originating Lender Location Id

455644

Originating Lender

Live Oak Banking Company

Originating Lender City

WILMINGTON

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

176279.76

Forgiveness Date

11/12/2020

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