PPP Loan information for Systems design group lc

$617,393

Systems design group lc was initially approved for PPP Loan of amount $617,392, the current approved amount is $617,393. The loan was approved on 04/08/2020 by The Unity Bank reported 42 jobs and $617,393 was used to fund payroll.

Systems design group lc is Existing or more than 2 years old

SYSTEMS DESIGN GROUP LC

Date Approved

04/08/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

SYSTEMS DESIGN GROUP LC

Borrower Address

146 Main Street

Borrower City

FLEMINGTON

Borrower State

NJ

Borrower Zip

08822-1616

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

617392.00

Current Approval Amount

617393.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

117644

Servicing Lender Name

Unity Bank

Servicing Lender Address

64 Old Hwy 22

Servicing Lender City

CLINTON

Servicing Lender State

NJ

Servicing Lender Zip

08809-1305

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FLEMINGTON

Project County Name

HUNTERDON

Project State

NJ

Project Zip

08822-1616

CD

NJ-07

Jobs Reported

42

NAICS Code

238910

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

40100.00

Payroll Proceed

521693.00

Mortgage Interest Proceed

0.00

Rent Proceed

30900.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

24700

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

117644

Originating Lender

Unity Bank

Originating Lender City

CLINTON

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

620994.46

Forgiveness Date

11/17/2020

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