PPP Loan information for Infosystems, inc.

$797,993

Infosystems, inc. was initially approved for PPP Loan of amount $797,993, the current approved amount is $797,993. The loan was approved on 04/08/2020 by The Truist Bank reported 48 jobs and $797,993 was used to fund payroll.

Infosystems, inc. is Existing or more than 2 years old

INFOSYSTEMS, INC.

Date Approved

04/08/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

INFOSYSTEMS, INC.

Borrower Address

1317 Hickory Valley Rd.

Borrower City

CHATTANOOGA

Borrower State

TN

Borrower Zip

37421-5604

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

797992.67

Current Approval Amount

797992.68

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

Y

Business Age Description

Existing or more than 2 years old

Project City

CHATTANOOGA

Project County Name

HAMILTON

Project State

TN

Project Zip

37421-5604

CD

TN-03

Jobs Reported

48

NAICS Code

423430

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

797992.68

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

804199.29

Forgiveness Date

01/25/2021

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