PPP Loan information for Cygnus systems, inc.

$419,224

Cygnus systems, inc. was initially approved for PPP Loan of amount $208,424, the current approved amount is $419,224. The loan was approved on 04/07/2020 by The JPMorgan Chase Bank, National Association reported 25 jobs and $419,224 was used to fund payroll.

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

PPP Loan Search / MI / SOUTHFIELD / Cygnus systems, inc.

CYGNUS SYSTEMS, INC.

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

CYGNUS SYSTEMS, INC.

Borrower Address

24700 NORTHWESTERN HWY STE 600

Borrower City

SOUTHFIELD

Borrower State

MI

Borrower Zip

48075-2300

Loan Status Date

04/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

208423.75

Current Approval Amount

419223.50

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SOUTHFIELD

Project County Name

OAKLAND

Project State

MI

Project Zip

48075-2300

CD

MI-12

Jobs Reported

25

NAICS Code

541512

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2058.54

Payroll Proceed

392791.42

Mortgage Interest Proceed

0.00

Rent Proceed

10350.00

Refinance EIDL Proceed

0.00

Health Care Proceed

14023.54

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

423000.94

Forgiveness Date

03/15/2021

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