PPP Loan information for Systems application & technologies, inc.

$7,681,200

Systems application & technologies, inc. was initially approved for PPP Loan of amount $7,681,200, the current approved amount is $7,681,200. The loan was approved on 04/11/2020 by The Live Oak Banking Company reported 500 jobs and $7,681,200 was used to fund payroll.

Systems application & technologies, inc. is Existing or more than 2 years old

PPP Loan Search / MD / Largo / Systems application & technologies, inc.

SYSTEMS APPLICATION & TECHNOLOGIES, INC.

Date Approved

04/11/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

SYSTEMS APPLICATION & TECHNOLOGIES, INC.

Borrower Address

1101 Mercantile Lane, Suite 200

Borrower City

Largo

Borrower State

MD

Borrower Zip

20774

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

7681200.00

Current Approval Amount

7681200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

455644

Servicing Lender Name

Live Oak Banking Company

Servicing Lender Address

1741 Tiburon Dr

Servicing Lender City

WILMINGTON

Servicing Lender State

NC

Servicing Lender Zip

28403-6244

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Largo

Project County Name

PRINCE GEORGES

Project State

MD

Project Zip

20774-1000

CD

MD-05

Jobs Reported

500

NAICS Code

541715

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

7681200.00

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

Subchapter S Corporation

Originating Lender Location Id

455644

Originating Lender

Live Oak Banking Company

Originating Lender City

WILMINGTON

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

6580600.06

Forgiveness Date

08/24/2021

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