PPP Loan information for Systems definition inc.

$556,240

Systems definition inc. was initially approved for PPP Loan of amount $556,240, the current approved amount is $556,240. The loan was approved on 01/29/2021 by The The Freedom Bank of Virginia reported 26 jobs and $556,240 was used to fund payroll.

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

SYSTEMS DEFINITION INC.

Date Approved

01/29/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

SYSTEMS DEFINITION INC.

Borrower Address

5904 Richmond Hwy

Borrower City

Alexandria

Borrower State

VA

Borrower Zip

22303-1875

Loan Status Date

03/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

556240.00

Current Approval Amount

556240.00

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

22303-1875

CD

VA-08

Jobs Reported

26

NAICS Code

541511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

556239.00

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

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

559222.06

Forgiveness Date

08/17/2021

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