PPP Loan information for Island pacific systems inc.

$496,534

Island pacific systems inc. was initially approved for PPP Loan of amount $496,534, the current approved amount is $496,534. The loan was approved on 02/12/2021 by The Mortgage Capital Development Corporation reported 25 jobs and $496,534 was used to fund payroll.

Island pacific systems inc. is Existing or more than 2 years old

ISLAND PACIFIC SYSTEMS INC.

Date Approved

02/12/2021

SBA Office Code

0920

Processing Method

PPS

Borrower Name

ISLAND PACIFIC SYSTEMS INC.

Borrower Address

1940 E Deere Ave

Borrower City

Santa Ana

Borrower State

CA

Borrower Zip

92705-5718

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

496534.00

Current Approval Amount

496534.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188162

Servicing Lender Name

Mortgage Capital Development Corporation

Servicing Lender Address

1611 Telegraph Ave Suite 504

Servicing Lender City

Oakland

Servicing Lender State

CA

Servicing Lender Zip

94612

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Santa Ana

Project County Name

ORANGE

Project State

CA

Project Zip

92705-5718

CD

CA-46

Jobs Reported

25

NAICS Code

541613

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

496532.00

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

188162

Originating Lender

Mortgage Capital Development Corporation

Originating Lender City

Oakland

Originating Lender State

CA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

498805.81

Forgiveness Date

08/06/2021

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