PPP Loan information for Open systems inc

$2,150,063

Open systems inc was initially approved for PPP Loan of amount $2,150,062, the current approved amount is $2,150,063. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 192 jobs and $2,150,063 was used to fund payroll.

Open systems inc is New Business or 2 years or less

OPEN SYSTEMS INC

Date Approved

05/01/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

OPEN SYSTEMS INC

Borrower Address

6495 Shiloh Rd Ste 310

Borrower City

Alpharetta

Borrower State

GA

Borrower Zip

30005

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2150062.00

Current Approval Amount

2150063.00

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

New Business or 2 years or less

Project City

Alpharetta

Project County Name

FULTON

Project State

GA

Project Zip

30005-0001

CD

GA-06

Jobs Reported

192

NAICS Code

541512

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2150063.00

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

Unanswered

Non Profit

Forgiveness Amount

2179633.73

Forgiveness Date

09/21/2021

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