PPP Loan information for Infosystems inc.

$861,909

Infosystems inc. was initially approved for PPP Loan of amount $861,909, the current approved amount is $861,909. The loan was approved on 03/12/2021 by The Truist Bank reported 52 jobs and $861,909 was used to fund payroll.

Infosystems inc. is Existing or more than 2 years old

INFOSYSTEMS INC.

Date Approved

03/12/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

INFOSYSTEMS INC.

Borrower Address

1317 Hickory Valley Rd

Borrower City

Chattanooga

Borrower State

TN

Borrower Zip

37421-5604

Loan Status Date

03/03/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

861909.35

Current Approval Amount

861909.35

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

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

52

NAICS Code

541512

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

861907.35

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

869331.35

Forgiveness Date

01/31/2022

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