PPP Loan information for Communication systems inc

$297,785

Communication systems inc was initially approved for PPP Loan of amount $297,785, the current approved amount is $297,785. The loan was approved on 04/15/2021 by The Bank Rhode Island reported 18 jobs and $297,785 was used to fund payroll.

Communication systems inc is Existing or more than 2 years old

PPP Loan Search / RI / Lincoln / Communication systems inc

COMMUNICATION SYSTEMS INC

Date Approved

04/15/2021

SBA Office Code

0165

Processing Method

PPP

Borrower Name

COMMUNICATION SYSTEMS INC

Borrower Address

44 Albion Rd Ste 101

Borrower City

Lincoln

Borrower State

RI

Borrower Zip

02865-3748

Loan Status Date

12/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

297785.00

Current Approval Amount

297785.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

120245

Servicing Lender Name

Bank Rhode Island

Servicing Lender Address

One Turks Head Place

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-2219

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lincoln

Project County Name

PROVIDENCE

Project State

RI

Project Zip

02865-3748

CD

RI-01

Jobs Reported

18

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

297785.00

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

120245

Originating Lender

Bank Rhode Island

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

299464.18

Forgiveness Date

11/15/2021

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