PPP Loan information for Business system solutions, inc.

$205,079

Business system solutions, inc. was initially approved for PPP Loan of amount $205,079, the current approved amount is $205,079. The loan was approved on 04/09/2020 by The First Merchants Bank reported 15 jobs and $205,079 was used to fund payroll.

Business system solutions, inc. is Existing or more than 2 years old

PPP Loan Search / IN / WEST LAFAYETTE / Business system solutions, inc.

BUSINESS SYSTEM SOLUTIONS, INC.

Date Approved

04/09/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

BUSINESS SYSTEM SOLUTIONS, INC.

Borrower Address

1211 CUMBERLAND AVE

Borrower City

WEST LAFAYETTE

Borrower State

IN

Borrower Zip

47906-1317

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

205079.00

Current Approval Amount

205079.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WEST LAFAYETTE

Project County Name

TIPPECANOE

Project State

IN

Project Zip

47906-1317

CD

IN-04

Jobs Reported

15

NAICS Code

561612

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

205079.00

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

207028.66

Forgiveness Date

03/31/2021

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