PPP Loan information for Specon systems, inc

$323,000

Specon systems, inc was initially approved for PPP Loan of amount $323,000, the current approved amount is $323,000. The loan was approved on 05/01/2020 by The Regions Bank reported 27 jobs and $323,000 was used to fund payroll.

Specon systems, inc is Existing or more than 2 years old

SPECON SYSTEMS, INC

Date Approved

05/01/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

SPECON SYSTEMS, INC

Borrower Address

104 SKYLAB DR NW

Borrower City

HUNTSVILLE

Borrower State

AL

Borrower Zip

35806

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

323000.00

Current Approval Amount

323000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HUNTSVILLE

Project County Name

MADISON

Project State

AL

Project Zip

35806-0002

CD

AL-05

Jobs Reported

27

NAICS Code

423440

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

323000.00

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

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

325141.53

Forgiveness Date

01/06/2021

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