PPP Loan information for Ims systems inc

$551,595

Ims systems inc was initially approved for PPP Loan of amount $551,595, the current approved amount is $551,595. The loan was approved on 01/30/2021 by The First Horizon Bank reported 31 jobs and $551,595 was used to fund payroll.

Ims systems inc is Existing or more than 2 years old

IMS SYSTEMS INC

Date Approved

01/30/2021

SBA Office Code

0358

Processing Method

PPS

Borrower Name

IMS SYSTEMS INC

Borrower Address

519 Myoma Rd

Borrower City

Mars

Borrower State

PA

Borrower Zip

16046-2323

Loan Status Date

11/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

551595.00

Current Approval Amount

551595.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Mars

Project County Name

BUTLER

Project State

PA

Project Zip

16046-2323

CD

PA-16

Jobs Reported

31

NAICS Code

339999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

551595.00

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

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

555456.16

Forgiveness Date

10/25/2021

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