PPP Loan information for System controls, inc.

$379,400

System controls, inc. was initially approved for PPP Loan of amount $379,400, the current approved amount is $379,400. The loan was approved on 04/06/2020 by The Oakworth Capital Bank reported 20 jobs and $379,400 was used to fund payroll.

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

SYSTEM CONTROLS, INC.

Date Approved

04/06/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

SYSTEM CONTROLS, INC.

Borrower Address

7015 HAISTEN DR

Borrower City

TRUSSVILLE

Borrower State

AL

Borrower Zip

35173-2510

Loan Status Date

06/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

379400.00

Current Approval Amount

379400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

455251

Servicing Lender Name

Oakworth Capital Bank

Servicing Lender Address

850 Shades Creek Pkwy

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35209-4460

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TRUSSVILLE

Project County Name

JEFFERSON

Project State

AL

Project Zip

35173-2510

CD

AL-06

Jobs Reported

20

NAICS Code

335314

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

18970.00

Payroll Proceed

284550.00

Mortgage Interest Proceed

18970.00

Rent Proceed

18970.00

Refinance EIDL Proceed

0.00

Health Care Proceed

18970.00

Debt Interest Proceed

18970

Business Type

Subchapter S Corporation

Originating Lender Location Id

455251

Originating Lender

Oakworth Capital Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

381855.56

Forgiveness Date

12/04/2020

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