PPP Loan information for System definition inc.

$466,558

System definition inc. was initially approved for PPP Loan of amount $466,558, the current approved amount is $466,558. The loan was approved on 04/14/2020 by The The Freedom Bank of Virginia reported 32 jobs and $466,558 was used to fund payroll.

System definition inc. is Existing or more than 2 years old

SYSTEM DEFINITION INC.

Date Approved

04/14/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

SYSTEM DEFINITION INC.

Borrower Address

5904 RICHMOND HWY SUITE 330

Borrower City

ALEXANDRIA

Borrower State

VA

Borrower Zip

22303-1864

Loan Status Date

12/09/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

466557.50

Current Approval Amount

466557.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

227387

Servicing Lender Name

The Freedom Bank of Virginia

Servicing Lender Address

10555 Main St, Ste 600

Servicing Lender City

FAIRFAX

Servicing Lender State

VA

Servicing Lender Zip

22030-3309

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ALEXANDRIA

Project County Name

FAIRFAX

Project State

VA

Project Zip

22303-1864

CD

VA-08

Jobs Reported

32

NAICS Code

541519

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

466557.50

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

Cooperative

Originating Lender Location Id

227387

Originating Lender

The Freedom Bank of Virginia

Originating Lender City

FAIRFAX

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

469162.45

Forgiveness Date

11/12/2020

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