PPP Loan information for Pm systems corporation

$195,900

Pm systems corporation was initially approved for PPP Loan of amount $195,900, the current approved amount is $195,900. The loan was approved on 01/21/2021 by The Farmers State Bank reported 11 jobs and $195,900 was used to fund payroll.

Pm systems corporation is Existing or more than 2 years old

PM SYSTEMS CORPORATION

Date Approved

01/21/2021

SBA Office Code

0736

Processing Method

PPS

Borrower Name

PM SYSTEMS CORPORATION

Borrower Address

3285 3rd Ave

Borrower City

Marion

Borrower State

IA

Borrower Zip

52302-3928

Loan Status Date

10/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

195900.00

Current Approval Amount

195900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25235

Servicing Lender Name

Farmers State Bank

Servicing Lender Address

1240 8th Ave

Servicing Lender City

MARION

Servicing Lender State

IA

Servicing Lender Zip

52302-3504

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Marion

Project County Name

LINN

Project State

IA

Project Zip

52302-3928

CD

IA-02

Jobs Reported

11

NAICS Code

238910

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

195897.00

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

Subchapter S Corporation

Originating Lender Location Id

25235

Originating Lender

Farmers State Bank

Originating Lender City

MARION

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

197135.26

Forgiveness Date

09/13/2021

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