PPP Loan information for Cynet systems inc

$4,272,692

Cynet systems inc was initially approved for PPP Loan of amount $4,272,692, the current approved amount is $4,272,692. The loan was approved on 04/15/2020 by The Truist Bank reported 368 jobs and $4,272,692 was used to fund payroll.

Cynet systems inc is Existing or more than 2 years old

CYNET SYSTEMS INC

Date Approved

04/15/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

CYNET SYSTEMS INC

Borrower Address

21000 Atlantic Blvd #700

Borrower City

STERLING

Borrower State

VA

Borrower Zip

20166-2499

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

4272692.00

Current Approval Amount

4272692.08

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

STERLING

Project County Name

LOUDOUN

Project State

VA

Project Zip

20166-2499

CD

VA-10

Jobs Reported

368

NAICS Code

541519

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

4272692.08

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

Subchapter S Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

4321946.72

Forgiveness Date

06/11/2021

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