PPP Loan information for System components, inc.

$448,600

System components, inc. was initially approved for PPP Loan of amount $448,600, the current approved amount is $448,600. The loan was approved on 04/28/2020 by The Comerica Bank reported 39 jobs and $448,600 was used to fund payroll.

System components, inc. is Existing or more than 2 years old

SYSTEM COMPONENTS, INC.

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SYSTEM COMPONENTS, INC.

Borrower Address

1635 Stieve Drive

Borrower City

South Haven

Borrower State

MI

Borrower Zip

49090-9167

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

448600.00

Current Approval Amount

448600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

South Haven

Project County Name

VAN BUREN

Project State

MI

Project Zip

49090-9167

CD

MI-04

Jobs Reported

39

NAICS Code

332721

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

358915.40

Mortgage Interest Proceed

89684.60

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

453746.44

Forgiveness Date

06/24/2021

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