PPP Loan information for Standby systems inc

$76,500

Standby systems inc was initially approved for PPP Loan of amount $76,500, the current approved amount is $76,500. The loan was approved on 04/28/2020 by The United Bank reported 8 jobs and $76,500 was used to fund payroll.

Standby systems inc is Existing or more than 2 years old

STANDBY SYSTEMS INC

Date Approved

04/28/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

STANDBY SYSTEMS INC

Borrower Address

11900 Old Stage Road

Borrower City

CHESTER

Borrower State

VA

Borrower Zip

23836-2407

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

76500.00

Current Approval Amount

76500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73259

Servicing Lender Name

United Bank

Servicing Lender Address

11185 Fairfax Blvd

Servicing Lender City

FAIRFAX

Servicing Lender State

VA

Servicing Lender Zip

22030-5049

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHESTER

Project County Name

CHESTERFIELD

Project State

VA

Project Zip

23836-2407

CD

VA-04

Jobs Reported

8

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1500.00

Payroll Proceed

66000.00

Mortgage Interest Proceed

0.00

Rent Proceed

9000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

73259

Originating Lender

United Bank

Originating Lender City

FAIRFAX

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

69808.89

Forgiveness Date

10/15/2020

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