PPP Loan information for Economic systems inc

$1,314,435

Economic systems inc was initially approved for PPP Loan of amount $1,314,435, the current approved amount is $1,314,435. The loan was approved on 05/28/2020 by The Truist Bank reported 67 jobs and $1,314,435 was used to fund payroll.

Economic systems inc is Unanswered

PPP Loan Search / VA / FALLS CHURCH / Economic systems inc

ECONOMIC SYSTEMS INC

Date Approved

05/28/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

ECONOMIC SYSTEMS INC

Borrower Address

3120 FAIRVIEW PARK DR

Borrower City

FALLS CHURCH

Borrower State

VA

Borrower Zip

22042-4504

Loan Status Date

11/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1314435.00

Current Approval Amount

1314435.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

FALLS CHURCH

Project County Name

FAIRFAX

Project State

VA

Project Zip

22042-4504

CD

VA-08

Jobs Reported

67

NAICS Code

541511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1314435.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1332325.92

Forgiveness Date

10/12/2021

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