PPP Loan information for Iai systems inc.

$67,900

Iai systems inc. was initially approved for PPP Loan of amount $67,900, the current approved amount is $67,900. The loan was approved on 05/01/2020 by The Regions Bank reported 5 jobs and $67,900 was used to fund payroll.

Iai systems inc. is New Business or 2 years or less

PPP Loan Search / TN / Bartlett / Iai systems inc.

IAI SYSTEMS INC.

Date Approved

05/01/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

IAI SYSTEMS INC.

Borrower Address

3215 Appling Rd,

Borrower City

Bartlett

Borrower State

TN

Borrower Zip

38133

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

67900.00

Current Approval Amount

67900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Bartlett

Project County Name

SHELBY

Project State

TN

Project Zip

38133-0501

CD

TN-08

Jobs Reported

5

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

67900.00

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

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

68249.73

Forgiveness Date

11/12/2020

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