PPP Loan information for Systel business equipment co inc

$3,155,200

Systel business equipment co inc was initially approved for PPP Loan of amount $3,155,200, the current approved amount is $3,155,200. The loan was approved on 04/09/2020 by The First National Bank of Pennsylvania reported 253 jobs and $3,155,200 was used to fund payroll.

Systel business equipment co inc is Existing or more than 2 years old

PPP Loan Search / NC / FAYETTEVILLE / Systel business equipment co inc

SYSTEL BUSINESS EQUIPMENT CO INC

Date Approved

04/09/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

SYSTEL BUSINESS EQUIPMENT CO INC

Borrower Address

2604 FT BRAGG ROAD

Borrower City

FAYETTEVILLE

Borrower State

NC

Borrower Zip

28303-4719

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3155200.00

Current Approval Amount

3155200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60275

Servicing Lender Name

First National Bank of Pennsylvania

Servicing Lender Address

166 Main St

Servicing Lender City

GREENVILLE

Servicing Lender State

PA

Servicing Lender Zip

16125-2146

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FAYETTEVILLE

Project County Name

CUMBERLAND

Project State

NC

Project Zip

28303-4719

CD

NC-09

Jobs Reported

253

NAICS Code

561499

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3155200.00

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

60275

Originating Lender

First National Bank of Pennsylvania

Originating Lender City

GREENVILLE

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

3191309.51

Forgiveness Date

06/11/2021

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