PPP Loan information for Stout systems development, inc.

$249,560

Stout systems development, inc. was initially approved for PPP Loan of amount $249,560, the current approved amount is $249,560. The loan was approved on 04/30/2020 by The JPMorgan Chase Bank, National Association reported 14 jobs and $249,560 was used to fund payroll.

Stout systems development, inc. is Existing or more than 2 years old

PPP Loan Search / MI / NORTHVILLE / Stout systems development, inc.

STOUT SYSTEMS DEVELOPMENT, INC.

Date Approved

04/30/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

STOUT SYSTEMS DEVELOPMENT, INC.

Borrower Address

41820 6 MILE ROAD SUITE 101

Borrower City

NORTHVILLE

Borrower State

MI

Borrower Zip

48168

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

249560.00

Current Approval Amount

249560.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORTHVILLE

Project County Name

WAYNE

Project State

MI

Project Zip

48168-1539

CD

MI-06

Jobs Reported

14

NAICS Code

561311

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1489.78

Payroll Proceed

224398.59

Mortgage Interest Proceed

0.00

Rent Proceed

8521.49

Refinance EIDL Proceed

0.00

Health Care Proceed

10266.74

Debt Interest Proceed

4883.4

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

252161.94

Forgiveness Date

05/20/2021

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