PPP Loan information for Systems engineering & manufacturing inc

$421,200

Systems engineering & manufacturing inc was initially approved for PPP Loan of amount $421,200, the current approved amount is $421,200. The loan was approved on 04/12/2020 by The American National Bank and Trust Company reported 39 jobs and $421,200 was used to fund payroll.

Systems engineering & manufacturing inc is Existing or more than 2 years old

SYSTEMS ENGINEERING & MANUFACTURING INC

Date Approved

04/12/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

SYSTEMS ENGINEERING & MANUFACTURING INC

Borrower Address

2660 Perrowville Rd

Borrower City

FOREST

Borrower State

VA

Borrower Zip

24551-1859

Loan Status Date

11/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

421200.00

Current Approval Amount

421200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73215

Servicing Lender Name

American National Bank and Trust Company

Servicing Lender Address

628 Main St

Servicing Lender City

DANVILLE

Servicing Lender State

VA

Servicing Lender Zip

24541-1320

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FOREST

Project County Name

BEDFORD

Project State

VA

Project Zip

24551-1859

CD

VA-05

Jobs Reported

39

NAICS Code

423490

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

8000.00

Payroll Proceed

413200.00

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

73215

Originating Lender

American National Bank and Trust Company

Originating Lender City

DANVILLE

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

423481.50

Forgiveness Date

11/03/2020

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