PPP Loan information for Systems associates, inc.

$300,800

Systems associates, inc. was initially approved for PPP Loan of amount $300,800, the current approved amount is $300,800. The loan was approved on 04/06/2020 by The Libertyville Bank & Trust Company, National Association reported 16 jobs and $300,800 was used to fund payroll.

Systems associates, inc. is Existing or more than 2 years old

PPP Loan Search / IL / LIBERTYVILLE / Systems associates, inc.

SYSTEMS ASSOCIATES, INC.

Date Approved

04/06/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

SYSTEMS ASSOCIATES, INC.

Borrower Address

1932 INDUSTRIAL DR

Borrower City

LIBERTYVILLE

Borrower State

IL

Borrower Zip

60048-9716

Loan Status Date

03/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

300800.00

Current Approval Amount

300800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119728

Servicing Lender Name

Libertyville Bank & Trust Company, National Association

Servicing Lender Address

507 N Milwaukee Ave

Servicing Lender City

LIBERTYVILLE

Servicing Lender State

IL

Servicing Lender Zip

60048-2000

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LIBERTYVILLE

Project County Name

LAKE

Project State

IL

Project Zip

60048-9716

CD

IL-10

Jobs Reported

16

NAICS Code

333997

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

37600.00

Payroll Proceed

225600.00

Mortgage Interest Proceed

0.00

Rent Proceed

37600.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

119728

Originating Lender

Libertyville Bank & Trust Company, National Association

Originating Lender City

LIBERTYVILLE

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

303014.22

Forgiveness Date

01/07/2021

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