PPP Loan information for Georgia applied systems inc

$100,000

Georgia applied systems inc was initially approved for PPP Loan of amount $83,373, the current approved amount is $100,000. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 5 jobs and $100,000 was used to fund payroll.

Georgia applied systems inc is Existing or more than 2 years old

GEORGIA APPLIED SYSTEMS INC

Date Approved

05/01/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

GEORGIA APPLIED SYSTEMS INC

Borrower Address

6262 CHURCH ST

Borrower City

RIVERDALE

Borrower State

GA

Borrower Zip

30274-1626

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

83373.00

Current Approval Amount

100000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RIVERDALE

Project County Name

CLAYTON

Project State

GA

Project Zip

30274-1626

CD

GA-13

Jobs Reported

5

NAICS Code

238220

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

100000.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

92721.41

Forgiveness Date

07/09/2021

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