PPP Loan information for Systems east inc.

$691,545

Systems east inc. was initially approved for PPP Loan of amount $691,545, the current approved amount is $691,545. The loan was approved on 02/10/2021 by The TowneBank reported 44 jobs and $691,545 was used to fund payroll.

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

SYSTEMS EAST INC.

Date Approved

02/10/2021

SBA Office Code

0304

Processing Method

PPP

Borrower Name

SYSTEMS EAST INC.

Borrower Address

30 Basil Sawyer Dr

Borrower City

Hampton

Borrower State

VA

Borrower Zip

23666-1393

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

691545.00

Current Approval Amount

691545.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hampton

Project County Name

HAMPTON CITY

Project State

VA

Project Zip

23666-1393

CD

VA-03

Jobs Reported

44

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

691542.00

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

Subchapter S Corporation

Originating Lender Location Id

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

694291.97

Forgiveness Date

07/07/2021

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