PPP Loan information for Financial business systems

$2,050,000

Financial business systems was initially approved for PPP Loan of amount $2,050,000, the current approved amount is $2,050,000. The loan was approved on 04/03/2020 by The Starion Bank reported 120 jobs and $2,050,000 was used to fund payroll.

Financial business systems is Existing or more than 2 years old

PPP Loan Search / ND / FARGO / Financial business systems

FINANCIAL BUSINESS SYSTEMS

Date Approved

04/03/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

FINANCIAL BUSINESS SYSTEMS

Borrower Address

3415 39th St. S.

Borrower City

FARGO

Borrower State

ND

Borrower Zip

58104-7068

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2050000.00

Current Approval Amount

2050000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

118060

Servicing Lender Name

Starion Bank

Servicing Lender Address

333 N 4th St

Servicing Lender City

BISMARCK

Servicing Lender State

ND

Servicing Lender Zip

58501-4020

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FARGO

Project County Name

CASS

Project State

ND

Project Zip

58104-7068

CD

ND-

Jobs Reported

120

NAICS Code

511210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2050000.00

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

Employee Stock Ownership Plan(ESOP)

Originating Lender Location Id

118060

Originating Lender

Starion Bank

Originating Lender City

BISMARCK

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2075049.32

Forgiveness Date

07/02/2021

;