PPP Loan information for Systems associates inc.

$287,637

Systems associates inc. was initially approved for PPP Loan of amount $287,637, the current approved amount is $287,637. The loan was approved on 02/11/2021 by The Libertyville Bank & Trust Company, National Association reported 16 jobs and $287,637 was used to fund payroll.

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

SYSTEMS ASSOCIATES INC.

Date Approved

02/11/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

SYSTEMS ASSOCIATES INC.

Borrower Address

1932 Industrial Dr

Borrower City

Libertyville

Borrower State

IL

Borrower Zip

60048-9716

Loan Status Date

01/22/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

287637.00

Current Approval Amount

287637.00

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

1.00

Payroll Proceed

287635.00

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

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

289986.04

Forgiveness Date

12/10/2021

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