PPP Loan information for Ivory systems

$300,000

Ivory systems was initially approved for PPP Loan of amount $300,000, the current approved amount is $300,000. The loan was approved on 05/01/2020 by The Wells Fargo Bank, National Association reported 42 jobs and $300,000 was used to fund payroll.

Ivory systems is Existing or more than 2 years old

IVORY SYSTEMS

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

IVORY SYSTEMS

Borrower Address

1 GATEHALL DR

Borrower City

PARSIPPANY

Borrower State

NJ

Borrower Zip

07054

Loan Status Date

07/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

300000.00

Current Approval Amount

300000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PARSIPPANY

Project County Name

MORRIS

Project State

NJ

Project Zip

07054-0001

CD

NJ-11

Jobs Reported

42

NAICS Code

541512

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

300000.00

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

Sole Proprietorship

Originating Lender Location Id

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

303402.74

Forgiveness Date

06/25/2021

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