PPP Loan information for Systems design service

$34,400

Systems design service was initially approved for PPP Loan of amount $34,400, the current approved amount is $34,400. The loan was approved on 04/07/2020 by The Northwest Bank of Rockford reported 5 jobs and $34,400 was used to fund payroll.

Systems design service is Existing or more than 2 years old

SYSTEMS DESIGN SERVICE

Date Approved

04/07/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

SYSTEMS DESIGN SERVICE

Borrower Address

3600 E State St Suite 215

Borrower City

ROCKFORD

Borrower State

IL

Borrower Zip

61108-1900

Loan Status Date

04/23/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

34400.00

Current Approval Amount

34400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22504

Servicing Lender Name

Northwest Bank of Rockford

Servicing Lender Address

3106 N Rockton Ave

Servicing Lender City

ROCKFORD

Servicing Lender State

IL

Servicing Lender Zip

61103-2837

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROCKFORD

Project County Name

WINNEBAGO

Project State

IL

Project Zip

61108-1900

CD

IL-17

Jobs Reported

5

NAICS Code

541330

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1400.00

Payroll Proceed

28000.00

Mortgage Interest Proceed

0.00

Rent Proceed

5000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Sole Proprietorship

Originating Lender Location Id

22504

Originating Lender

Northwest Bank of Rockford

Originating Lender City

ROCKFORD

Originating Lender State

IL

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

34607.36

Forgiveness Date

11/23/2020

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