PPP Loan information for Ib systems inc

$196,990

Ib systems inc was initially approved for PPP Loan of amount $196,990, the current approved amount is $196,990. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 18 jobs and $196,990 was used to fund payroll.

Ib systems inc is Existing or more than 2 years old

PPP Loan Search / NJ / PISCATAWAY / Ib systems inc

IB SYSTEMS INC

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

IB SYSTEMS INC

Borrower Address

1030 STELTON RD STE 203

Borrower City

PISCATAWAY

Borrower State

NJ

Borrower Zip

08854

Loan Status Date

05/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

196990.00

Current Approval Amount

196990.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PISCATAWAY

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

08854-1400

CD

NJ-06

Jobs Reported

18

NAICS Code

561499

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1590.00

Payroll Proceed

192000.00

Mortgage Interest Proceed

0.00

Rent Proceed

3400.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

198818.61

Forgiveness Date

04/08/2021

;