PPP Loan information for Delta business systems, inc.

$596,000

Delta business systems, inc. was initially approved for PPP Loan of amount $596,000, the current approved amount is $596,000. The loan was approved on 04/09/2020 by The Cadence Bank reported 62 jobs and $596,000 was used to fund payroll.

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

DELTA BUSINESS SYSTEMS, INC.

Date Approved

04/09/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

DELTA BUSINESS SYSTEMS, INC.

Borrower Address

1744 Morning Drive

Borrower City

CULLMAN

Borrower State

AL

Borrower Zip

35055-2143

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

596000.00

Current Approval Amount

596000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CULLMAN

Project County Name

CULLMAN

Project State

AL

Project Zip

35055-2143

CD

AL-04

Jobs Reported

62

NAICS Code

334111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

596000.00

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

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

602506.33

Forgiveness Date

06/03/2021

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