PPP Loan information for Salient systems corporation

$1,658,000

Salient systems corporation was initially approved for PPP Loan of amount $1,658,000, the current approved amount is $1,658,000. The loan was approved on 04/04/2020 by The Horizon Bank, SSB reported 101 jobs and $1,658,000 was used to fund payroll.

Salient systems corporation is Existing or more than 2 years old

SALIENT SYSTEMS CORPORATION

Date Approved

04/04/2020

SBA Office Code

0681

Processing Method

PPP

Borrower Name

SALIENT SYSTEMS CORPORATION

Borrower Address

4616 W HOWARD LANE BLDG 1 SUITE 100

Borrower City

AUSTIN

Borrower State

TX

Borrower Zip

78727-6300

Loan Status Date

12/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1658000.00

Current Approval Amount

1658000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

70134

Servicing Lender Name

Horizon Bank, SSB

Servicing Lender Address

600 Congress, Ste 400

Servicing Lender City

AUSTIN

Servicing Lender State

TX

Servicing Lender Zip

78701-2923

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

AUSTIN

Project County Name

TRAVIS

Project State

TX

Project Zip

78727-6300

CD

TX-37

Jobs Reported

101

NAICS Code

423490

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1658000.00

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

70134

Originating Lender

Horizon Bank, SSB

Originating Lender City

AUSTIN

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1667579.56

Forgiveness Date

11/03/2020

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