PPP Loan information for Systemworks llc

$265,000

Systemworks llc was initially approved for PPP Loan of amount $265,000, the current approved amount is $265,000. The loan was approved on 04/29/2020 by The Northwest Bank reported 16 jobs and $265,000 was used to fund payroll.

Systemworks llc is Existing or more than 2 years old

SYSTEMWORKS LLC

Date Approved

04/29/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

SYSTEMWORKS LLC

Borrower Address

409 5th St

Borrower City

WEST DES MOINES

Borrower State

IA

Borrower Zip

50265

Loan Status Date

02/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

265000.00

Current Approval Amount

265000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

82664

Servicing Lender Name

Northwest Bank

Servicing Lender Address

705 Grand Ave

Servicing Lender City

SPENCER

Servicing Lender State

IA

Servicing Lender Zip

51301-3707

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WEST DES MOINES

Project County Name

POLK

Project State

IA

Project Zip

50265-0001

CD

IA-03

Jobs Reported

16

NAICS Code

541380

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

265000.00

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

Corporation

Originating Lender Location Id

82664

Originating Lender

Northwest Bank

Originating Lender City

SPENCER

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

266759.31

Forgiveness Date

01/06/2021

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